Once the site was cleared, the initial redevelopment plan fell through, as did several subsequent plans. Mills Corporation broke ground in 2005, but had been in financial difficulty in the past. This reputation and changing financial climate caused a delay in 2006 as contractors feared not getting paid. In November 2009, the developer was declared in default and CB Richard Ellis was named receiver. The project was inherited by Joseph Freed and Associates LLC. However, in 2011 Bank of America foreclosed on the property and sold it in 2012 to CIM Group. The three new buildings were completed by 2016.