Beacon Manor was built by Kemmons Wilson, the founder of the Holiday Inns in 1963. It was originally built with plans to be a gambling casino and luxury hotel. During the construction phase, the state legistrators voted against the casino gambling, which then halted the original plans. The building plans were then converted to condominiums... thus it then became the first high-rise condominium community on Lake Hamilton. It has some awesome views of Lake Hamilton's main channel.