Coral Springs Financial Plaza. {Photo by Sharon Aron Baron}
By Sharon Aron Baron
After much anticipation of the Financial Plaza’s future demolition, the City of Coral Springs a date.
Demolition of the Financial Plaza will start on Monday, January 18, with the decommissioning of existing elevators and interior areas of the building, followed by the capping of water and sewer systems. The exterior demolition will be managed safely in sections starting in early February, with the site to be fully razed by early May 2021.
Property Developer Rod Sheldon of Predesco Property Investments plans to host a groundbreaking ceremony, welcoming the first phase of construction for Mill Creek, a 352-unit residential property, upon completing the demolition.
“We are so pleased to have closed on the property with Mill Creek and start demolition of the Financial Plaza. Regardless of the pandemic, Predesco Property Investments has received great interest from companies looking to relocate to Downtown Coral Springs to be part of Cornerstone,” said Sheldon.
In addition to residential construction, Sheldon looks forward to constructing medical office suites, space for retail, entertainment, and a 138-room high-end hotel.
Mill Creek’s construction is expected to be complete by the start of Summer 2023, with additional construction of Cornerstone running concurrently.
Send Your News to Coral Springs #1 Award-Winning News Site Here.
Author Profile
Related
EventsMay 3, 2026Coral Springs to Celebrate Haitian Heritage with Art Exhibit, Opening Reception
NewsMay 1, 2026Coral Springs Commission: City Mourns Vice Mayor Nancy Metayer While Inviting Community to Unite for May Events and Reflection
Crime & SafetyApril 29, 2026Coral Springs Crime Blotter: Armed Robbery, $150K Fraud Lead Busy Week
NewsApril 29, 2026Coral Springs Commissioner Joshua Simmons Earns Statewide ‘Home Rule Hero’ Honor
