[combusean]

^ This looks to me like it's a low-risk, value-engineered building that's being constructed to be sold later on like practically every other building in the region.

The garage is above ground, which is cheap to build, the developer is pushing back on Urban Form requirements that would drive up cost, the curtain wall is cheap glass, and there's practically no mechanical screening for the penthouse except its stupid "hat."

A taller building would probably significantly change up their pro forma, eg, they might have to put parking partially underground instead, which would drive up cost. Ignoring a safe expected rate of return for a taller building or flashier project is what developers do when they have faith in the market and want something they hold on to for a long time to recoup the losses building it.