Came here from the Massey Tower link - a thread/building worth a second visit.
1. Somebody needs to make a buck to keep this gem alive. Doubt it be saved/fixed up "as is" by a generous local benefactor
2. Assuming there's a buildable structural footprint of some kind on the east side (maybe no room for anything?) , the "stilts" could mean a cantilever (hopefully set back a bit as a separate structure rather than sitting completely on top of 205.
3. MOD would not like anything tall here... but there's the make a buck issue of course
4. UT buys and rennovates as new UT HQ, now that Ed is a zillionaire.