It all started when…
On June 13, 2014, the non-profit organization, Taoist Tai Chi Society of the USA purchased the hotel for $2.8M to become its new national headquarters and a new international centre for its parent society, the Fung Loy Kok Institute of Taoism.
The Society had proposed a two-phase development, renovation and restoration of the hotel building and grounds to suit the Society`s purposes, then construction of 27 three-story town homes behind the hotel on the landward half of the 5.2 acre property, but later withdrew the town homes phase. The amended development proposal was approved by the Dunedin City Commission on March 5, 2015. Later, the Tai Chi Society decided based on public opinion that they would revise the plans of how much space they would occupy. The final decision that was made stated that over 100 rooms would be used for a public hotel under the Marriott International Autograph Collection Hotels brand to preserve the building mainly as a hotel. A rooftop terrace and bar will also be incorporated with the plans to create a lively new addition to Dunedin.