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The Prudential Building, 115 S. Main, is the last of six buildings to come down between 100 South and 200 South on Main Street to make way for the $116 million Utah Performing Arts Center in downtown Salt Lake City.

The 50-year old Prudential Building, designed by renowned architect William L. Pereira, opened to fanfare in 1963.

The 2,500-seat theater that will go up in its place is scheduled to open in the spring of 2016. It is designed to attract traveling Broadway shows, as well as concerts and other events.

Groundbreaking is slated for June 3 at 10:30 a.m.

The mega-theater will be the "crown jewel of the arts and culture venues of downtown," said Helen Langan, director of communications for Mayor Ralph Becker.