Used to stay there quite a bit. When I was there over the summer, they were working on it but there was a sign that said it was to be Alamanda Private Residences and they were selling to investors. I inferred it to mean that they were being sold as individually owned units (I think similar to mt vernon). So would assume they would end up more like VRBO's than a hotel once complete. I meant to take a pic of the sign as it had an email address, but sorry I forgot. Wonder if anyone there can take a look, there was a sign outside of it on the fence as they were doing construction. I believe that link above is out of date.