A four-alarm fire erupted in a vacant building in Omaha's Old Market Tuesday afternoon, three months after the historic Butternut building was gutted by flames just blocks away.

City Planning Director Bob Peters tells KETV in Omaha that the building was under renovation, slated to become a microbrewery and restaurant. Peters said to have a second fire in the revitalized Old Market is another very unfortunate and untimely setback.

Police reports said the 9-1-1 dispatch got the first report at about 4:40 p.m. By about 4:50 p.m., firefighters were pulled out of the three-story building at 12th and Howard Streets just before the top two floors collapsed and fire poured out of the windows.

The fire had been declared under control by about 7 p.m. Tuesday, but crews remained on the scene to douse the building. Thick smoke blanketed the area and crowds gathered to watch the blaze.

In the first week of January, the former Butternut Coffee Plant was destroyed by a four-alarm fire. The building was being developed into an upscale loft-apartment complex.