On October 24 at 7:30am demolition will begin to demolish the 12 story Electra on the Bay in Edgewater.

Demolition on the other homes and buildings on the block began in September and Electra on the Bay is the last building to be destroyed before construction on a new tower can start.

The land is owned by 700 Edgewater Development who is connected to Russian Oleg Baybakov. They have plans to build a 649 foot tower on the lot.