Although actual work will not start until the fall, the Ocean City Development Corporation is planning to help finance a tear-down and reconstruction of the Royalton Hotel, a landmark Boardwalk property at 11th Street that dates back to the 1920s.
This week, the City Council signed on to an application from the OCDC to the State of Maryland for up to $475,000 in grant funding from the Maryland Strategic Demolition and Smart Growth Impact Fund.
This money would be used to help with what is expected to be a difficult demolition of the existing Royalton building, which has developed structural deficiency issues because of its age
“The demolition would occur this fall and by next summer you’d see just the retail component, and then by the following summer you’d see the new hotel and employee housing,” said OCDC Executive Director Glenn Irwin.
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1 comment:
Half million State money for illegal immigrants to demolish another Hotel. Difficult demolition little ever changes in Annapolis
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