Two recent developments have set the stage for what could potentially revitalize the area surrounding City Center. First is the pronounced downtown housing boom, which has brought many young professionals back to the city. Several vacant buildings have been converted into condos, and the nearby German Village continues to show strong growth. Second, and more immediate, is the substantial redevelopment of the vacant Lazarus building. The redevelopment, now complete, converted the building to a format suitable for office space, academic research, arts, and dining.