Complex sentence: After much consultation on what to do with the project, the city has selected a developer to develop the building and in March of 2005 it was announced that Simon Fraser University would locate their School for the Contemporary Arts in this building.
Split into simpler sentences: After much consultation on what to do with the project, the city has selected a developer to develop the building. In March of 2005, it was announced that Simon Fraser University would locate its School for the Contemporary Arts in this building.