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i dunno about "all" the makings. it currently lacks enough public uses on either side of the canal to make it any sort of destination, and all the new construction in the area is forced by Kressel and Vivian into providing so much 'open space' on the canal sides of new construction instead of properly framing the existing open space of the canal. Right now, its really little more than an aquatic barrier/obstacle.
And am I the only one who finds the Intercontinental blase, short, stumpy, generally uninspired, and mostly just awkwardly clunky? To me it looks like a big box store with a glass building on top. Just because its "sharp" and new doesn't make it good.