I totally disagree that the taller a building is, the more desirable. Mid-rise buildings can be very nice, desirable, even more desirable than towers due to the smaller number of units and fewer floors of monotony. Not to mention, they suit a lot more areas in the city, than any tower does. In cities around the world, some of the best and most liveable and enjoyable urban densities are in areas which are primarily mid-rise. So please, no more "high-rise = more liveable BS..!I am in no way opposed to towers, and I love watching them rise and think they make a great contribution to the city, but taller in no way means better! Period.
I wish people would stop making comments like "this is a city and towers exist in the city and well, we should just get used to it!" No! I think its important to look at the bigger picture and slow down. This city is in a building frenzy and developers are pushing to develop every square inch in as little time as possible. I have to agree with alklay, even if only occasionally, that this site/area is more suited for a mid-rise building(s). But developers are hungry to make the most money on their investment, that nothing less than 40 stories will suffice.
And by the way, it is not the goal of a mid-rise area to become a high-rise area...!