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Do you mean the one with the curved facade at the corner of Red River and Cumberland? That's the Tomlinson Block. It's been known for a while that the owner has plans for it. They also own the three storey Andrew's Block (used to house Painted Turtle), which is tucked into its southwest corner. I am pretty sure the entire top floor is leased now, or at least most of it. They've been slowly improving it over the past 6 or 7 years.