I totally disagree. It's kitty corner to
this square. It's a bunch of restaurants and other businesses. It's been a busy, pedestrian heavy spot for a long, long time. It's a near-ish the train and a nice place to hang out before or after a movie at the theater a block away. There are also shops and restaurants scatters on the surrounding streets. This building could have contributed to that aspect of the neighborhood. It's sad it didn't, and opted for blank walls instead.
This is an architecture forum, and people are complaining about the architecture. Seems fine to me.
I'd go a step further and say it's really good to pick apart failures like this, dissect what specifically is wrong, and maybe change some of the processes that created it.