Coming soon to a downtown corner

I had heard that this new high rise apartment building was in the pipeline. Now I see that the southwest corner of Wahsatch and Colorado has been fenced off, and this banner has been stuck to the fence, illustrating exactly what is to come. I'm not opposed to this structure at all. This corner held nothing but a parking lot, so no historic building is being torn down (no doubt there was one there at some point, destroyed to make way for the parking lot!). As the city grows ever eastward, it's important that our downtown continues to thrive and grow as well. A robust, bustling city center is important to any municipality!