Conversion To Apartments
Plans announced March 22, 2012 indicate that the tower will be converted to 223 apartments, eliminating a huge vacancy in the central business district and meeting strong demand for new living space.
The K&D Group of Willoughby recently signed a contract to buy the 21-story building. Apartments will fill that void by early 2014, if K&D succeeds in securing tax credits and other financing for its $65 million project.
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