In 1973 The Broadway closed this location and the building sat vacant for over twenty years, during which it faced extensive vandalism and damage from aborted remodel attempts. The State of California purchased the building in 1995 a part of Governor Pete Wilson's plan to move 3,500 state workers into the historic core of Downtown. In 1999 it reopened as the Junipero Serra Building, a modern 350,000- square-foot office building, occupied by 1,700 employees. It was the lowest-cost California State office building in three decades and received a Conservancy Preservation Award in 2000.