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I read an article and I guess the foundation has been dug up for construction of the building, which should be complete by 2010 so that's probably a good sign. :)
 

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There's a thread for this one opened below called Absolute World. They had the ground breaking for it a couple months back and the sales centre (where the fist of the two will be going up) was knocked down a couple of days ago so it looks like this thing will be u/c this summer.
 
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