The City Front Terrace Homeowner's Association has expressed interest in preserving the existing Popular Trees. Staff explained that this was not recommended due to the nature of the trees and the on- going maintenance requirements. Asbestos abatement has been completed. Demolition of the 1026 Fifth Avenue building continues and is scheduled to be complete within the month. Interior demolition within the Owl Drug and Walker Scott buildings is underway, as is preliminary work on the facade of the Owl Drug building.
Developer is in the process of obtaining permits for certain pre-closing activities.
Construction within the building is scheduled to be substantially complete by September 21 st . Occupancy is anticipated by late October following completion of parking lot renovations, exterior landscaping and site work and punch list corrections. Work continues on finish items within the four buildings. Work is underway on the offsite improvements, courtyard improvements and site hardscape. All developments are under construction or occupied with the exception of the KUSI mixed use development, authorized by the Owner Participation Agreement with McKinnon Properties, Inc. dated November 17, 2000.