The project was held up as the city was waiting for equipment, but that was resolved this morning.
The cost of the demolition is now expected to be as high as 900-thousand dollars.
Despite the expected cost, neighbors say it’s well worth it.
"I've been watching this building sit here and rot and deteriorate for years and now something is going to be done about it. It's worth it, whatever it takes to do what they've got to do to this building, it should be paid for," resident Antonio West says.
The city plans to sell some of the wood from the building to make up for the demolition costs.