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. KUSI expects to start construction in accordance with the Schedule of Performance in the OPA, which provides for a construction start in October 2002. This Bosa condominium development, on 40,000 sq. The historic Kroenert residence at the corner of Eighth and Beech will be used as the permanent leasing office for the development.