CORAL SPRINGS, FL – When the empty Coral Springs Financial Plaza is razed, the process will take 10 weeks.

There’s still no clear date on the start of demolishing the 10-story, 213,000-square-foot building on the corner of University Drive and Sample Road.

Replacing the building will be a block-wide 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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In updating the project last week, Julie Krolak, of the city’s development services department, said the building is planned for coming down before the end of the year.

“It will be a 10-week process to demo the building,” she said.

Plans for the complex have already been approved by the city, Krolak said.

Earlier this summer, the developer of Cornerstone -- Rod Sheldon of Boca Raton-based Predesco Property Investments -- said a big chunk of commercial space has been signed by a medical company.

Sheldon also said the demolition of the building will use a method that won’t result in considerable dust.


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