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Allowing the buildings immediately adjacent to this intersection to exceed the View Cone to a height of approximately 425 ft. would mark the significance of this place and act as counterpoint in the skyline to the tallest towers at 1100 block Georgia Street.
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425 ft tall towers as the maximum height (only in certain scenarios) in an area directly next to the downtown core is pretty pathetic for a city claiming to be trying to increase housing supply. Also, their point about balancing the skyline is ridiculous as the towers on that block (like the Shangri-La and Trump Tower) are both taller and on higher ground, not to mention those towers should not be a benchmark for how tall we should be building.
Overall I think this plan is a step in the right direction, but yet again the city has been under-served by excessively restrictive view cones and conservative height limits. I think the space use plan is interesting: the parks and lane district employ some creativity, however Vancouver is being shown up by cities like Burnaby, Coquitlam and Surrey when it comes to attempts to make living in this city more affordable.