The site was originally intended to be develop along the one American Plaza 34 story building that stands directly south of the site. However the full development of the site did not come to realization and the current site is currently occupied by a below-grade 4 story parking garage. All of the first level of parking ( 176 spaces under the site)is owned by the property owner. The property zoning is CCPD-CORE the district operates as a center for businesses, communications, living and accommodation's and important component of the area vitality and is suitable for a mix-use retail/hotel/residential development. The current owner has a development permit and project for a 13 Story Tower that includes a 300 room Hotel, 48 residential units approximately 10,367 sq ft meeting and event space and 25,000 sq ft retail space for a total of about 339,000 sq ft Building Permit is in place as of November 12/2024