Property giant Unex Group has started work stripping out the former Debenhams on Ipswich Cornhill - and has put signs up around the building showing it is new hands.
The company confirmed last week that the work was to start as it looks forward to find a new use and new tenants for the building which is the largest and most important in the town centre.
Unex Group managing director Adrian Morris confirmed last week that work was about to start and on Sunday banners indicating the company's ownership of the building were being put up.
Mr Morris said it could become a health and leisure hub - but the company is already planning to turn one floor into offices and is even looking at the possibility of building a further floor for office space if the demand is there.
It has been working with Ipswich council on drawing up its plans for the site.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules here