CORAL SPRINGS, FL – The Coral Springs Financial Plaza is no longer towering over the city.

The remaining part of the aging building came crashing down Friday at the southwest corner of University Drive and Sample Road, resulting in a huge plume of dust and debris that blew over the traffic lanes.

The demolition of the 10-flood building started in January to make way for a new development project, and it picked up momentum about a week ago as the southern part of the building was torn down.

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On Friday, as the north side of the building was being brought down by excavation equipment, the center portion collapsed, said Lynne Martzall, the city’s spokeswoman.

“There were safety plans in place should this happen, knowing that as a building is demolished there is a possibility of it collapsing on top of itself,” she said.

Martzall added that the city was aware of the north portion of the building coming down, and planned to capture its collapse on film.

With the collapse of the center section, the building’s eight-week demolition process is now ahead of schedule, she said.

Once the rubble from the building is cleared, a new commercial, residential, and retail complex called Cornerstone will be built on the property.

The cost of the demolition is being covered by the developer, Predesco Property Investments, officials said.

Watch the remaining part of the building come down here.


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