A historic building that has sat mostly vacant in downtown Cheyenne for nearly 40 years may soon have a new owner.

Mayor Patrick Collins announced Friday that the Hynds building is under contract.

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"The buyers are local and experienced," Collins said in his Mayor's Minute column. "They have 45 days to do their due diligence before the deal will close."

Collins said he's not in the position to disclose at this time who is buying the building and/or what their plans are, but he and Domenic Bravo from Visit Cheyenne/ Downtown Development Authority have "met with them to learn what we can do to make this deal happen and their project successful."

"It will be a great addition to downtown to see it filled and adding to our economy," said Collins. "Fingers crossed that this deal will happen."

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