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The owner of Galveston’s Flagship Hotel says it plans to demolish the landmark hotel on a pier rather than spend $15 million to renovate and repair damage from Hurricane Ike.

The Galveston County Daily News reports Landry’s Restaurants has told Galveston’s city planning commission that it plans to replace the 225-room hotel in front of the city’s historic seawall with an amusement park.

The commission endorsed the plan to the City Council, which will have the final say.

Landry’s had bought the hurricane-mauled hotel in 2005 for $500,000.

The hotel was built in 1965 on a pier built in 1943. Ironically, it replaced an amusement park damaged in 1962 by Hurricane Carla.

SOURCE: click2houston.com

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