Undaunted by losing out on the recent downtown mega grant, the City is applying for state money for the Lincoln Building and a couple other projects. I would suspect the prospect is good through the CFA process as a consolation prize may be in order.
The Lincoln Building is slowly making a turnaround. It's like so many older buildings where the decision is either demolition or an expensive modernization. The economics often requre free money, but there is also the concern over increasing vacancy rates in commercial and residential properties.