As presently planned, Tower Records would remain a tenant of the property, but it will be nearly twice the size and have neighbors this time around, as there is planned 70,000-sf of retail topped with as many as 150 condominium units.

If all continues smoothly, the company should be ready to apply for the master use and building permit by summer. Assuming that goes smoothly as well, completion will come "sometime around the second or third quarter or 2004," says Winningham.

"I'd say Tower Records (currently in 12,000 sf) will end up with about 20,000 square feet of the retail portion," Winningham tells GlobeSt.com, "And we're in tenant negotiations for the remainder."

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