Mitsui Fudosan
Urban Visions announced a joint venture with Japanese developer Mitsui Fudosan America in September 2020 to finance the project at a cost of $127.7 million. Demolition of two buildings on the block's east side began in March 2021, while the project is planned to begin construction after an anchor tenant is signed. The building is planned to open no sooner than early 2024. On July 17, 2021, one of the partially-demolished buildings on the site collapsed onto 3rd Avenue, forcing a shutdown of the street for two days.