CORAL SPRINGS, FL – There is finally a starting date for the demolition of the downtown Coral Springs Financial Plaza.

Coral Springs announced Tuesday that the demolition process will begin in January and take 10 weeks to bring down the aging tower at the corner of University Drive and Sample Road to make way for the new hotel, apartments, entertainment, and office complex known as Cornerstone.

Demolition will begin with a “gut out” of the entire building, removing fixtures, drywall, framing and windows and leaving just a concrete shell, according to a news release.

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Once completed, the concrete shell will be demolished in sections by an excavator, making way for construction to start in April.

The demolition plans kept getting pushed back this year because of permitting issues and the Covid-19 emergency.

“This year, we faced many challenges because of COVID-19 and while the demolition plans were hindered, the planning for this exciting project never ceased,” Rod Sheldon, president of Predesco Property Investments, LLC, which is developing the property, said in the news release.

Coral Springs is planning a ceremony for the kick-off of the demolition, but officials didn’t provide details on Tuesday.

City planners and business leaders see the Cornerstone complex as the spark to bring new life to the sleepy downtown.  

“This project is the revitalization of Coral Springs we needed to kick-start the new year and our local economy,” Kristi Bartlett, the city’s economic development director, said in the news release.

Read Our Other Coverage of Cornerstone and Coral Springs Financial Center Demolition:

Coral Springs Historians Find Artifacts In Decaying Financial Center

- Aging Coral Springs Tower To Serve As Training Spot For Police

- Coral Springs Cornerstone Project Gets Commitment From Medical Company


More Coral Springs Local News:

- Coral Springs Police Charged Man After Allegedly Kicking, Calling Officer Racial Slurs

- Expect Traffic Delays On Coral Ridge Drive in Coral Springs Through February

- Less Than 20 Percent of Students Returning to Public Schools in Coral Springs After Coronavirus Shutdown

- Property Manager: New Trader Joe’s Store in Coral Springs To Open In Coming Weeks


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