It’s Decided – The Treasure Ship will not be Re-Built

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by September 13, 2010 • 9 comments

After months of speculation since the devastating fire on April 28th 2010 left the beloved Treasure Ship restaurant just a shell of its former glory, owners Lisa and Jimmy Todd have decided not to re-build. The historic landmark was opened in 1978 and since became one of Panama City Beach’s favorite eateries, thanks to its glorious waterfront setting, abundance of character, great food and friendly staff.

Lisa Todd recounted the great number of people that always shared their memories of the Treasure Ship, including the romantic proposals and special family gatherings that will always play a big part in its legacy. “The community response has been wonderful” says Todd. “We appreciate all the support both over the years and to this day. We are very saddened to share this news but at the same time, feel that it is the right thing to do.”

Rebuilding the Treasure Ship would have been ultimately cost prohibitive, and after having 3 separate engineering firms examine the structure, the Todds decided to make the hard decision, move on, and look forward to the next chapter.

While nothing will succeed the Treasure Ship for a fairly lengthy period of time (possibly a year or two), one day something else will occupy the same beautiful spot that this remarkable Panama City Beach icon called home for 32 years. Of course we will welcome whatever that may be whenever that happens, but nothing will ever replace the Treasure Ship in our hearts and our memories.

Here are some of the original burn photos.

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