I get that, as you say we have known about the demise of the downtown bay for years but, I don't think I understand the correlation to there being no serious re-development proposals since it only officially closed a month or so ago.
It's not like there would be multiple developers drawing up plans when there was no definitive closure date. These kinds of things are fairly time sensitive. I think the clock has now been started and there are people investigating options as we speak. If we are in this same boat 5 years from now I would be concerned, but not yet.
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"But a city can be smothered by too much reverence for its past. The skyline must keep acquiring new peaks, because the day we consider it complete and untouchable is the day the city begins to die." - Justin Davidson - May 2010 Issue of New York
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