Unfortunately, 325 feet is correct for a 29 story "hotel", You are going off of the height of a 29 story office tower, Office Buildings have much higher ceilings then hotels. But honestly, the tallest would have looked goofy from that location anyway. This height is a much better fit, let us pray the design is something interesting.
And to the 28 story tower 8 dilemma you all seem to be having, 28 stories includes parking levels underground and the parapet included. 28 floors total from basement to parapet. Just look at the rendering, the lobby is 2 stories and the parapet is 3.
SAD FACE