The Highland Apartments are now demolished as contractors removed debris Monday.
Why it matters: The 110-year-old building was a contributing structure of the historic Highland Park business district, but was also on the city's public nuisance list.
Catch up fast: The previous developer abandoned a nearly $5 million restoration plan after determining the concept was not financially feasible.
- Invest DSM, which spearheads rehab projects, purchased the building in March and determined the structure's poor condition made saving it impractical.
Of note: Preservationists were unsuccessful in halting the city's issuance of a demolition permit .
What's next: Invest DSM is seeking interested developers for the site.
- Construction could begin as early as next year, Christopher Civitate of Invest DSM tells Axios.
Invest DSM redevelopment concept calls for a $9M-$12M project that will include as many as 40 apartments on this site.
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