on july 13, 2015, macy's announced it sold the downtown property to core reality, ending the building's use as a department store after 128 years on september 20, 2015 with plans to redevelop the building for mixed use. the new development, which includes apartments, restaurants and a hotel, was slated to open in late 2017, but was delayed because the building was without a permanent power source. as of august 2018, restaurant, hotel and apartment owners were expecting to be able to allow occupants by the end of the year.