While it is fugly it does provide lower rent housing in an area that is amenity and transit rich. So I'd ultimately hate to see it go, and get replaced with something new and unaffordable.
They are also re-evaluating their economic models of stand-alone parking garages - with a pay-off of several decades currently, it's starting to get much more risky to build parking garages if autonomous vehicles come to fruition. It turns out you don't need all vehicles to switch over before parking garages become a net-loss due to their long-payback. There is talk of stand-alone garages not making sense economically if even 10% of vehicles entering the core no longer require parking. Of course, there is a lot of speculation - and little certainty - on how autonomous vehicles will roll out, but on a long-payoff project like a garage it adds a ton of risk that was never there 20 years ago.I'm sure they are delaying it, once the economy fully rebounds we will need that parkade.