Construction was aborted in the mid-1990s when the developer ran out of money, leaving the hulking hotel building sitting abandoned for two decades until it was demolished in 2016.

The Sea Spa Nova Scotia, as it was called when first marketed in 1990, was privately financed by German siblings Brigitta Hennig and Wolfgang Spiegelhauer of the construction company Suwobau.

[1] The two stated that they were "deeply impressed by the beauty of the land" and conceived the 131-room, five-storey, 16,300 square metres (175,000 sq ft) luxury resort to be developed at an estimated cost of C$37.5 million on a site of more than 120 hectares.

[1] They predicted that Europeans would flock to the hotel to enjoy a range of stress-relieving activities including seashore walks, bodybuilding, underwater massage, electrical therapy, and electro-galvanic and carbon-dioxide baths.

[4] In 1994, after the hotel structure was substantially complete and weather-tight, the developers ran out of money and couldn't secure additional financing after sinking more than $20 million into the project.