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You know i think its such a waste of space. I use to take the bus by there many years ago. There is so much pontential for that area. Another 35+ story office tower would go perfect. They really need to do something there.
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It is a total waste of space and it really hinders that area from taking off as a residential hotspot.
The Exchange Building is close, as are those lush, 3-story Riverwalk condos.
The perfect plan would place a 35+ story office tower on the SE corner where the existing 10 story eyesore is and a 20-30 story hotel/condo tower on the riverfront, West side of the property (over the existing surface lot).
The office would get clustered with Weston Centre and BofA Tower and the hotel/condo tower would be the newest star right on the Riverwalk.
There is a great coffee shop (RutaMaya) on the opposite side of the river, Le Reve and Sandbar 1 block South, the cental library a couple of blocks north. There are major office towers nearby...
Why wouldn't they develop it?
The area is poised to boom... But until this eyesore is gone, no one is going to invest heavily. It just feels too sketchy.