I agree, if I remember correctly, I think Lavela got sold and is going to be demolished for space to build condos. I really liked my time there on break, but I know the locals were not amused with the college crowd.
You are right, however, they put those plans on hold and sold the land they were relocating to. Big bummer. I think what happened was they heard that MTV wanted to come back here (last here in '96 I think) and so they kept it where it is. Nevertheless, this area's real estate market has gone sky high and will definitely begin catering to a different customer - a family based customer who can afford to spend similar money they would spend in Destin, Marco Island, etc. We will be glad when it happens! :) In the meantime, we will do all we can to pray for the kids who come down and go wild.