Complex sentence: In February 2016, the building which housed Jimmy Mak's was sold for development, and owner Jimmy Makarounis made plans to relocate the club to the intersection of Northwest 10th and Everett, in 2017.
Split into simpler sentences: In February 2016, the building which housed Jimmy Mak's was sold for development. He made plans to relocate the club to the intersection of Northwest 10th and Everett, in 2017.