In 2001, attempts were made to restore common areas and guest rooms continuing on to 2004. During the summer of 2004, the hotel suffered a glancing blows from hurricanes Jeane and Francis, causing severe damage to an already deteriorated roof, setting the plans to fully restore the building into limbo. Tom Cook Construction Inc. was hired to place protective coverings over the building while plans were made to replace this existential part of the building. In late 2004, DeBartolo Development Group offered to purchase the property from Belleview Biltmore Resort, Ltd., then owned by Urdang and Associates, to demolish the hotel structure and replace it with retail shopping and condominiums. The proposal was withdrawn in January 2005, however, after public outrage over the plan, the developers citing lack of public support. However, in April 2005, published reports said that the DeBartolo group was once again planning to purchase the hotel, and had it under contract with Urdang and Associates, raising concerns among historic preservationists when it was disclosed that DeBartolo had filed a demolition permit application with the Town of Belleair (where the hotel is located) to demolish the Belleview Biltmore.