Colony demolition delayed

Editor & Publisher

One more week. According to Town Officials and Unicorp President Chuck Whittall, the demolition of the dilapidated Colony Beach & Tennis Resort is delayed one week as the final contract is executed.

Whittall said that additional paperwork due to mold, asbestos and lead remediation must be completed and that will happen early next week.

Originally, the demolition was slated to begin July 16 after the town selected Unicorp in the bidding process to demolish the property. The need to demolish eminates from an Emergency Demolition Order that the Town placed on the property after it found 25 of 26 Colony structures in imminent danger to the public as well as close to structural collapse.

Unicorp received an approval from the Town to build 78 St. Regis branded condominium residences and a 166-room St. Regis Resort on the 17.3 acre site.

The only building currently not facing demolition contains three units directly on the beach and the demolition has been challenged by the unit owner who has argued that the structure does not pose a danger and repairs have been and can be made.

Whittall hopes to consolidate ownership of the property and dissolve the existing condominium association using the courts over the coming months. He hopes to break ground next year and complete the St. Regis project by 2021.

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