The former St Ann's bingo hall is in the process of being completely knocked down ahead of development works.
Most of the iconic structure has been demolished and there is a gaping hole at the back of the site.
Scaffolding has been put up around the final part of the site that needs removing.
Gala Bingo, built in a former ballroom and meeting hall in St Ann's Well Road, closed its doors for the final time on January 31.
The building was boarded up for a number of months until demolition works started earlier this year.
Now the building is almost completely knocked down.
In January, Nottinghamshire Live reported BSP Holdings, advised by Savills, said it acquired the former site from Buzz Group Ltd for an undisclosed sum.
Subject to planning permission, the property development and investment company aim to redevelop the site into a "new residential/student scheme."
Adam Watson, investment director at BSP Holdings , told Nottinghamshire Live: "This is an exciting project for BSP Holdings.
"We have the opportunity to create a landmark development in Nottingham city centre. This acquisition shows our confidence in the market and represents a multi-million pound investment in the regeneration of Nottingham."
The developers said they hoped to bring "high quality" apartments to the city.
Mr Watson added that the bingo hall was in a poor state of repair.
He said: "It's a site that is crying out for redevelopment to help regenerate that area of Nottingham.
"It will bring high-quality apartments to that area of Nottingham. We believe there's a significant demand for that now."
Passers-by previously said the decision to demolish the building and turn it into residential space was "a big shame for the community".
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