In 2007, Centrum Properties announced plans for a mixed-use development on the site of the rail yards with a Target department store occupying the location where the station once stood.[2] Because of the Financial crisis of 2007–2008, much of the Roosevelt Collection remained vacant for several years after it was completed. Though the project cost Centrum $350 million to construct, it sold the complex in March 2011 for approximately $160-175.[3]