CORAL SPRINGS, FL – To many people, the Coral Springs Financial Plaza is an aging, outdated building standing in the way of progress in downtown Coral Springs.

To the Coral Springs Police Department, it’s an opportunity for training.

Police are looking to use the vacant building – which is planned for demolition to make way for the Cornerstone development project – as a place to run SWAT team drills.

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An attorney working on the Cornerstone project, Scott Backman, told Coral Springs city commissioners this week that the project’s developer, Boca Raton-based Predesco Property Investments, is finalizing an agreement to allow police to use the 10-story, 213,000-square-foot building at the corner of University Drive and Sample Road.

Part of the arrangement is also to secure the building which has had many break-ins over the years.

Police “would go through, clear the building. It would be a training exercise but it would also serve to further secure the building,” Backman said.

The details of the police training were not available.

Once the Coral Springs Financial Plaza is expected to be razed later this year, the property would be turned into the Cornerstone project - a complex of 352 luxury apartments, 125 hotel rooms, eight restaurants/pubs, entertainment/athletic-related businesses, and roughly 200,000-square-feet of new office space.


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