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This is good news... that means there IS a chance that we get a better/taller building with better architecture. Obviously it won't happen soon. The other high possibility is that the new owner doesn't plan to do anything with it and may simply hold on to it until market conditions improve and pass it on to another buyer.

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I guess you could start by counting the number of parking lots downtown.

For that matter, I wouldn't count parking lots in downtown as a clue for abandoned projects. There never were so few parking in 40 years in downtown since pretty much every building built since what ? 10, 15 years covered former parking lots !!

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