Well this took forever to happen, but sometimes things do work out quite nicely. However, this and all the other residential towers added downtown over the last decade or two have still failed to revitalize it.
So unfortunately another residential tower (or two) will not be the magic bullet solution to reviving this area and the downtown core that some think. There is more to this and I feel it involves also working hard on three other things at the same time: improving public safety, attracting more jobs to the downtown core and attracting some interesting retail that will draw both residents and visitors to downtown.