In 2017, CA Ventures reached an agreement to purchase 214 South State Street, the Consumers Building, the Century Building, and 212 South State Street, for $10.38 million.Ori, Ryan. "$141 million project to bring 429 apartments to State Street", Chicago Tribune. June 1, 2017. Retrieved January 17, 2020. The Consumers Building and Century Building would have been converted to apartments, as part of a $141 million redevelopment project, while the historic Streamline Moderne storefront of 214 South State St. would have been restored and incorporated into a 25,000 square-foot structure built between the taller buildings for retail and commercial use. Under the terms of the agreement, the City of Chicago would purchase the buildings from the federal government and then immediately sell them to CA Ventures. However, the City of Chicago backed out of the agreement in December 2019, citing security concerns at the nearby Dirksen Federal Building.Ori, Ryan. "$141 million State Street development halted over federal courthouse security concerns", Chicago Tribune. December 16, 2019. Retrieved January 17, 2020.Kozlarz, Jay. "State Street apartment plan derailed over security concerns at nearby courthouse", Curbed. December 16, 2019. Retrieved January 17, 2020.
