Kendo UI Grid destroying and recreating

HTML

<link rel="stylesheet" href="http://cdn.kendostatic.com/2014.3.1314/styles/kendo.common.min.css">
<link rel="stylesheet" href="http://cdn.kendostatic.com/2014.3.1314/styles/kendo.default.min.css">
<script src="http://cdn.kendostatic.com/2014.3.1314/js/kendo.web.min.js"></script>
<button type="button" id="recreate">Recreate Grid</button>

<div id="result-area">
    <div id="grid" data-bind="visible: showingGrid">
        
    </div>
</div>

CSS

html {
    font:12px sans-serif;
}

JavaScript

var model = kendo.observable ({
    refreshing: false,

    showingGrid: function() {
        return !this.get("refreshing");
    } 
});

kendo.bind("#result-area", model);

var grid,
    createGrid = function () {
        grid = $("#grid").kendoGrid({
        dataSource: {
            type: "odata",
            transport: {
                read: "http://demos.kendoui.com/service/Northwind.svc/Orders"
            },
            schema: {
                model: {
                    fields: {
                        OrderID: {
                            type: "number"
                        },
                        Freight: {
                            type: "number"
                        },
                        ShipName: {
                            type: "string"
                        },
                        OrderDate: {
                            type: "date"
                        },
                        ShipCity: {
                            type: "string"
                        }
                    }
                }
            },
            pageSize: 20,
            serverPaging: true,
            serverFiltering: true,
            serverSorting: true
        },
        height: 430,
        filterable: true,
        sortable: true,
        groupable: true,
        pageable: true,
        columns: [{
            field: "OrderID",
            filterable: false
        },
            "Freight", {
            field: "OrderDate",
            title: "Order Date",
            width: 120,
            format: "{0:MM/dd/yyyy}"
        }, {
            field: "ShipName",
            title: "Ship Name",
            width: 260
        }, {
            field: "ShipCity",
            title: "Ship City",
            width: 150
        }]
    }).data("kendoGrid");
};

createGrid();

$("#recreate").click(function(){
    grid.destroy();
    $("#grid").empty();
    
    // Simulate refreshing...
    model.set("refreshing", true);
   ...