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It is very much alive! I met with a higher-up from Portman Architects in Atlanta recently, and they are doing test pilings (?) or something of that nature. (Sorry, my civil engineering knowledge is poor.) They said it is being built, and will be mostly clad by the time the Asian games are held in South Korea in 2014. There are two luxury hotel brands that are possibilities for the hotel portion, sounded like they would announce the brand in coming months.