The land is owned by the National Episcopal Church and plans include a 70,000 square foot archives center for the church, as well as office, retail, residential, and restaurant space. The project would be about 30 stories.
A hotel could also be part of the project. The spokesman for the National Episcopal Church says financial details will be released in the next three months about the project. He also says they are undeterred by the presence of the homeless shelter next door.
The development will need additional approval from City Council, and if approved, is expected to break ground early next year.