The controversial Half Moon Bay Hotel has been demolished as its new owners prepare for construction of a new resort later this year.
The property was purchased from the Government by the REPLAY GROUP, last year, allowing the administration to pay the US$23 million dollar-value, assigned the derelict structure, to its original owners.
The Half Moon Bay Hotel was destroyed by Hurricane Luis in 1995. Interest payments of US$20 million dollars still remain outstanding.
The construction of a new hotel will commence in the third quarter of 2018 according to the government.