Why was the Colony Resort abandoned?
Due to bankruptcy cases, lawsuits, and a large number of other litigations, the resort was left abandoned for years. Chuck Whittall, president and founder of Orlando-based Unicorp National Developments, purchased The recreational property for $22 million in 2016.
What happened to the Colony Resort in Florida?
A longtime beach landmark near Sarasota, which has fallen into disrepair since shuttering its operations nine years ago, will be torn down following an emergency order from Longboat Key city officials.
What happened to the Colony Beach and Tennis Resort?
In late 2018, the last of the Colony Beach & Tennis Resort buildings had been demolished. Although Unicorp purchased some former Colony units through the years from individual buyers, the termination agreement set prices for the remainder of the units on a consistent scale.
Where was the Colony resort located?
Back in 1967, when 40-year-old orthodontist Dr. Murray “Murf” Klauber first saw The Colony Beach Resort on Longboat Key, he was smitten. It was winter, and Klauber had been preparing to fly out of his frigid hometown of Buffalo, N.Y., to deliver a speech at an orthodontics conference in St.
Who bought the Colony Hotel?
In December of 2016, the Clark family sold The Colony to the current owners, Andrew and Sarah Wetenhall, the son and daughter-in-law of Robert C. Wetenhall.
What key is Key Colony Beach on?
Key Colony Beach, about 3 miles southwestward of Valhalla, is a protected harbor westward of Fat Deer Key.