That makes a lot of sense. Usually in dual-tower developments, even if the second one doesn’t go ahead immediately they at least do part or all of the excavation and foundation works. That would be why this one didn’t.
 
Private underground parking facilities are incredibly expensive. It's not common at all for a planned future tower to get intentionally capped at grade. West Village 3, BLVD 3, Two Park Central. I can't think of more names. The developers of Park Point would be going broke if they had built the parking for the second phase with the first as the development has gone from a tower to a medium rise.

The office boom with commercial parking renting at North American record prices is a different apple. Building was a matter of securing tenants than finding financing and securing tenants was easy.
 
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My guess is this is topped out now.

IMG_1605.jpg
 
Brilliant photos. Wild to think in just a couple years there will be a cluster of three 80+ meter towers right there.
 
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