By Neil Doyle

BLOOMINGTON – State Farm announced Thursday it will demolish its former downtown Bloomington building.

State Farm said the planned sale of the building fell through. In March, State Farm announced it found a buyer, but the buyer was never identified.  A broker said multiple parties were interested in leasing office, restaurant and retail space in the building.

“With a sale not materializing, the continued costs of maintaining a building of that size and the impacts on downtown with it remaining vacant without interest, we are moving forward with plans to demolish the building,” said State Farm spokesperson Gina Morss-Fischer.

The demolition of the building is planned to begin within a few months. State Farm said the entire building will be completely knocked down over the course of the next year.

Story via WJBC.com