Original sentence: Named after Murano, Italy the US$165 million building was completed in 2008.The Murano would be built on West Market Street in Center City which had not had any residential development in the area until 2002 when 2121 Market Street was converted into apartments
Edited sentence: The building, named after Murano, Italy, was completed in 2008 at a cost of US$165 million.The planned site of the Murano was on West Market Street in Center City, an area which had not had any residential development until 2002 when 2121 Market Street was converted into apartments