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Demolition begins on Treasure Island resort in Daytona Beach Shores

Celebratory event held at 11 a.m.

VOLUSIA COUNTY, Fla. โ€“ The long-awaited demolition of the Treasure Island resort in Daytona Beach Shores started Monday.

The Daytona Beach Shores Department of Public Safety said a large crane will remove concrete and steel piece by piece from the building.

The demolition of the old resort has been a long time coming. Built in 1974, the 11-story resort was heavily damaged by the 2004 hurricanes and was abandoned for years.

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In February, the Daytona Beach Shores City Council approved an agreement to tear down the structure for a new development project that would bring a new hotel and/or multifamily residential complex.

The agreement requires the building to be torn down by early June and gives the owner 30 days to restore the property, the city said.

โ€œThis is what weโ€™ve been waiting for, for years and years and years,โ€ Mayor Nancy Miller said following the approval.

There was a celebratory event in the vacant lot across from the building, at the southwest corner of South Atlantic Avenue and Park Avenue, where the mayor delivered remarks.