Well....100% it is an actual proposal. That it makes it to construction is up to the developer. It has a pretty fancy architect from Toronto and is proceeding fairly quickly.
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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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