This is the old power company building. It's been empty for about two years now and the city still hasn't decided what to do with it.
One suggestion was to turn it into a brewery/restaurant. These had been very popular awhile back but I think they've lost their charm and there wasn't a lot of interest. Whatever they do with it, I hope they don't tear it down. I like the brick facing and there is a nice mural of a paddle boat painted on the side. I did a post on that mural in March.