Sorry to bust your bubble, but this is for sale right now. He doesn't have the capital to execute a project of this scale. I am hearing some of his other projects are on the block as well...
After the Fifth was finished, I thought there was a legit chance we could see more of their projects actually get built.
 
The DP for this one has been submitted, interesting that they are not going for the height allowed for in the zoning. Looks like 6 story wood frame:

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