I found a rather old article stating that it was still a go and it would be built as soon as the economy turned around.
"Post-Aqua, is it back to standard-issue buildings at Lakeshore East?
'No. It’s going to be tough to top that building. But we hired Arquitectonica, the Miami firm, and they designed a building that straddles the street. We were ready to go. Thank God we never started. A great market opportunity, in the next two or three years, after you get through the overhanging inventory.'"
http://www.chicagomag.com/Radar/Deal...-the-Downturn/