On Tuesday, the City Council voted unanimously to give the CPA Building an Interim Historic Designation, preserving it for another year.

The building, which stands at the corner of Michigan and 14th, across from Michigan Central Station, has been abandoned for well over a decade. Sequoia Property Partners bought the CPA building in 2014 and we’ve seen the building and property deteriorate even more. Its location is ideal, right across from restaurants with MCS right across the way.

Crain’s has reported that both ASH (who is redeveloping the Wurlitzer Building) and Roxbury (who renovated the David Whitney Hotel and is currently renovating the Metropolitan Building) have shown interest in the property.

Dana Afana from MLive is reporting that the historic designation is good for up to a year, “during which the building will be studied carefully for historic relevance and safety.”

What do you think, Curbed readers? What would you like to see happen with this building? Lofts? Offices? Mixed-use?