It could be argued that city quays is very much under construction. City quays 1 well advanced; city quays 2 due to start next year, harbour common searching for hotel operator?? It was always planned as a phased build.Firstly I'm not aware of anywhere in my post that I compared this city to London.
Secondly City Quays is not under construction. A part of the city quays plan is. Brunswick St. on the other hand may have been bought but that is not indicitive of any construction taking place any time soon. Note I named Bedford Sq, The Novotel, The Odyssey, and TQ as well. There's also Queens Sq, Montgomery Street, the 10 story thing on Dublin Road, Olive Tree House etc.
The recession put an awful lot of developers under yes I agree. We are now out of recession and have been for a few years but construction wise we are yet to see the recovery at all. My point is as a skyscraper/architecture enthusiast (like everyone here) I would like to see construction. Not renders and constant updates with yes work will begin soon.