The long-awaited sale of the historic Albert Hotel provides Hastings with a chance to turn what has become an eyesore into something special not only for its new owner, but for the citizens of the city and Hawke's Bay region.
The 1882, two storey building sold for $410,000 on Friday and the lucky purchaser is expected in town today to outline a plan for The Albert.
So what could be some of the options?
One of the favourites touted, since the building was put on the market in 2009, has been a possible plan to transform the wooden building into the CBD's only luxury, star-rated hotel.
An accommodation centre of an international standard was flagged as a must have by Hastings Mayor Lawrence Yule and while various suggestions have been floated for a location over the years none has come to fruition.