Dont know if you agree but I was concerned about the various designs shown for the Kent project over the years. There appears to be a good stream of new supply coming, so I'm not upset to see that one take a breather. Meaning will probably be sold to someone else.
Its ideal if Downtown has a relatively smooth/consistent pattern of apartments completed each year, not all in massive lumps in the same year. Those massive supply spikes depress market rates for a bit, which spook new projects and we wind up with a whiplash of new development projects. Those big spikes do offer tenants a good deal at first, but then they tend to be hit with a huge increase in year 2-3.
The problem is these take years to pull together so is hard for the developers to realistically time them vs one another.