The former Rose Furniture building is going to blossom again.

Steve Coon, one of the investors who owns the building that was heavily damaged recently, said the group plans to rehabilitate the building, as previously planned. Coon said he and other investors of Historic Rose Furniture LLC recently met with engineers to discuss the three options: rehabilitate the building; demolish the building but save the facade; or demolish the building and the facade.

On Wednesday, Coon, who owns Coon Restoration & Sealants, Inc., Northmark Properties and Historic Developers, LLC, said he was in the rehabilitation business, not the demolition business, and he called repairing the building “right in my wheelhouse.”

Once the repairs have been made, Coon said the building will be leased, though he didn’t know a timetable when the building will be occupied.

He said the roof that collapsed by the heavy rains on Oct. 6 will need to be repaired first. Since the roof collapsed, a portion of South Main Street between Central Avenue and First Avenue has been closed to traffic because structural engineers were concerned that a support beam may break and shatter glass.

The Hope House Mission Center for Men, which is located next to the furniture store, has remained open, said Sandra Snyder, communications director for the homeless shelter. She said volunteers and donors now are allowed back in the building because inspectors told her it’s “safe.”

The former Rose Furniture building was condemned in May as unsafe for occupancy, according to city records. The city acquired the building at no cost in 2011. Plans were made in May 2013 to demolish most of the building, except for the façade.

But on Oct. 4, two days before the weather-related incident, Historic Rose Furniture LLC, a private investment group, closed on a deal to take over ownership of the 109-year-old building. City Council agreed to give the developers $300,000 to stabilize the building and make the renovations, according to the deal.

Mike Robinette, one of the owners of Historic Rose Furniture LLC, said the investors are expected to meet Tuesday and decide among three choices: rehabilitate the building; demolish the building but save the facade; or demolish the building and the facade.

The roof on the building, 36 S. Main St., collapsed from the heavy rains that swept through the area on Oct. 6. Because a beam in the building is believed to be unstable, a section of South Main Street remains closed to traffic.

The Hope House Mission Center for Men, which is located next to the furniture store, has remained open, but the public has limited access to the building, said Sandra Snyder, communications director for the homeless shelter.

The former Rose Furniture building was condemned in May as unsafe for occupancy, according to city records. The city acquired the building at no cost in 2011. Plans were made in May this year to demolish most of the building, except for the façade. But on Oct. 4, two days before the weather-related incident, Historic Rose Furniture LLC, a private investment group, closed on a deal to take over ownership of the 109-year-old building. City Council agreed to give the developers $300,000 to stabilize the building and make the renovations, according to the deal.

The owners of the former Rose Furniture building that suffered substantial damage after its roof collapsed are expected to decide by Tuesday what to do with the property.

Mike Robinette, one of the owners of Historic Rose Furniture LLC, said the investors are expected to meet Tuesday and decide among three choices: rehabilitate the building; demolish the building but save the facade; or demolish the building and the facade.

The roof on the building, 36 S. Main St., collapsed from the heavy rains that swept through the area on Oct. 6. Because a beam in the building is believed to be unstable, a section of South Main Street remains closed to traffic.

The Hope House Mission Center for Men, which is located next to the furniture store, has remained open, but the public has limited access to the building, said Sandra Snyder, communications director for the homeless shelter.

The former Rose Furniture building was condemned in May as unsafe for occupancy, according to city records. The city acquired the building at no cost in 2011. Plans were made in May this year to demolish most of the building, except for the façade. But on Oct. 4, two days before the weather-related incident, Historic Rose Furniture LLC, a private investment group, closed on a deal to take over ownership of the 109-year-old building. City Council agreed to give the developers $300,000 to stabilize the building and make the renovations, according to the deal.