[3] The Hamburger family decided to build a much larger store at the southeast corner of Broadway and Eighth, a location that was outside of then current retail district.

[31][32] After several more years, the May Company store eventually occupied almost the entire block between Broadway and Hill and between Eighth and Ninth Streets.

[2] In 2014 it was announced that Waterbridge Capital had agreed to buy the building for an estimated $115–130 million ; L.A. City Council member Jose Huizar indicated plans a mixed-use development to include offices, a hotel, stores and/or apartments or condominiums.

[2] The acquisition by Waterbridge Capital and New York real estate developer Jack Jangana - Broadbridge LA LLC - was completed on August 20, 2014.

A spokesman for the company that helped broker the deal said plans include a 24-month renovation that will result in a "creative campus" similar to Twitter's headquarters building in San Francisco.