Demolition of old structures on Governors Island began in 2008 with the destruction of a derelict motel. In April 2010, the city took control of the island's development, and GIPEC was succeeded by the Trust for Governors Island. The city also unveiled a new master development plan that preserved the historic north end of Governors Island, developed the middle and southern portions of the island as a park, and reserved the western and eastern sections for private development. The administration of Mayor Michael Bloomberg had provided funding for the first phase of construction. Construction on the $260 million park started May 24, 2012, and the Coast Guard-era military housing complexes were demolished.