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FIRM DECIDES TO BUILD 2ND KEY OFFICE TOWER

Citicom Inc. announced Wednesday that it will begin construction immediately on the second office tower at Key Center at Fountain Plaza.

W. Bernard Herman, chairman of the Toronto-based developer, said that Key Center had found an excellent acceptance in the marketplace and that the second tower would enhance the attractiveness of the complex.

The first tower, near completion, features a two-story retail podium and 15 floors and 231,400 square feet of leaseable office space. More than 60 percent of the total space is pre-leased.

The second tower will offer 13 floors and more than 168,000 square feet of leaseable office space, again sitting on the two-story podium.

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