Great proposal for a great location. Happy to see more developers here pushing for taller and taller buildings. The momentum for development in the core (and the city as a whole) is changing - there are a handful more in the pipeline that I’m aware of but can’t talk about.
For some context regarding this site, the parking lot is owned by Citi Plaza. Citi Plaza over the years has been able to achieve the illustrious “dead mall” status despite being located right in the middle of downtown. The mall has had plans over the years to add towers (both office and residential) to its property for intensification. Hopefully this time, they actually make it to construction.