City officials and developers will hold a ceremony today as they raze the 1981 Veterans Memorial State Office building near City Hall to build a $53-million, seven-story residential-retail complex. Broadway Property Co. LLC bought the formerly distressed property at 245 W. Broadway -- a vicinity where homeless congregate -- at a foreclosure sale for $14 million in in late 2010. Last October, the Planning Commission approved its building plans, which has a completion date of early 2017, according…
Reported by bizjournals 19 hours ago.
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