It would be wrong to not approve this building with the very tall (42 floors?) Festival Tower across the street. Besides, M5V is replacing an out of place speedy muffler and a rundown restaurant.
One, the Bell Lightbox is on the north side of the street, casting no shadows on the street itself. MV5 will shadow parts of King St most of the day.
Two, the Mexican restaurant (Bandido's) may look a bit shabby but their food is amazing, and I doubt M5V's lobby will make up for its loss.
Having said that, I'm not against this project overall.