On January 29, 2009, it was announced that the resort would close at the end of May for the three-year, $100 million renovation project, reopening in 2012, the hotel's managing director said. Following the hotel's mid-2009 closing, however, an attorney for owner Latitude Management said that the renovation work has been stalled due to litigation by nearby residents, who object to some aspects of the re-development plans. Meanwhile, the Belleair code board voted on November 2, 2009, to begin fining the owners of the now-closed hotel $250 per day for failure to repair the hotel's "dilapidated and deteriorated" roof.