The latest, official, Savoy Hotel demo plan!

Okay, now it looks like the Savoy Hotel will be demolished starting Friday night, October 2nd, 2009.  This time, the owner has apparently stepped forward and offered to find his own demolition bid and do the deed.  Apparently, he thought that would be a better alternative than to be saddled with a $448,600 lien on his property, which was the lowest bid offered to the City. Below is a portion of the press release by the Mayor's office with all the important details:.

Under the terms of that agreement, the owners are being asked to submit a contract with a qualified demolition contractor by the close of business on September 29. The demolition would have to take place no later than the following weekend, Oct. 2-4.

"We are very pleased  that the owners are acting in good faith and expect they will live up to their responsibility," said Assistant Police Chief Mark Curran, head of the Neighborhood Protection Division. "They are helping to set an example for other property owners. If, however, they are unable to meet the commitment, we are prepared to step in and protect the public’s safety and interest."

The City is prepared to begin demolition at midnight on Oct. 2 if that becomes necessary. (...)

The City is also working with other agencies, including the Metropolitan Transit Authority, whose Main Street light-rail line runs in front of the Savoy, in the 1600 block of Main. It is expected that the rail line would be temporarily shut down in the Savoy’s vicinity beginning at 6 p.m. on Oct. 2.

Alright, all you neighbors living in the Beaconsfield, it's now time to plan the watch party.