Yeah it would make some great lofts, except I've heard from multiple sources that the ceilings on each floor are pretty low by today's standards, and the building's design makes it difficult to increase the height of them. There's also asbestos and 25+ years of decay to deal with, and asbestos. And an owner who wants far too much money for the property. And a parking situation that is less than ideal. While the building is architecturally interesting and worth saving, the odds of succesful redevelopment happening are severely impaired by all of the things the place has going against it. It is a shame because it has a great location and could be a really neat place to live.