[texboy]

The majority of the high rises that are going up in downtown or slated to are going up on empty lots. I believe the Houston Club building probably is past its prime and needed either major structural repairs, abatement, or a complete upgrade of everything to be viable. Thankfully there are great examples of historic buildings (WAY better than the Houston Club) that are being rehabbed (i.e. JW Marriott, Shell). This building isn't a loss IMO.