Sounds like council is finally beginning to get a grip with the issues at hand. They seem to have finally realized that we cannot keep spreading out and it's time to build up. I like the way they're talking!
The east end is a great place to build up and densifiy. I hope we see alot more of this kind of development in the future. One place I would love to see more tall residential buildings is down by Quidi Vidi. I've always imagined a beautiful 20+ story apartment building on the site of the prison. Such a perfect location... One can dream! At least we're seeing a start with those (two?) 10 story buildings planned for pleasentville.
In response to Jeddy's comment, I don't think there was ever much opposition to building up outside the downtown area. There will always be angry residents wherever you try to build, but had these towers been proposed downtown, there would have been riots in the streets haha.
This is a great proposal though and I'll be happy to see it built.
P.S: The article from VOCM says they will be the taller than confederation building. If you take off the roof/lighthouse, maybe. But looking at the numbers, it's not taller!