An existing medical office building would be torn down to makeroom for the development, but according to information submitted tocity planners a portion of the new space also may be leased tomedical professionals.

One other Metzler project is underway. Metzler, a wholly ownedsubsidiary of Bankhaus B. Metzler seel.Son & Co. KGaA, aprivately-held investment bank in Germany, is already buildingLakeridge Square, a four-building, 610,000-square-foot officecomplex at Northeast 40th Street and 148th Avenue Northeast.Microsoft Corp. will be the sole tenant.

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