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100 Storey Tower - Yonge and Queen Quay?

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Forgive me if there is already a thread going I looked but may have missed it... but I read about this possibility on the Toronto Skyscraper Blog!

Quote:

Someone over at UT has set the fire, of speculation with a rumour that there may be a 100 floor tower at the corner of Yonge and Queen Quay. This is the prized lot that was purchased by Pinnacle International in the summer for an unheard of $278,000,000 million dollars. So much money, that is was likely only the second largest land deal in Toronto after the Scotia Plaza sale.
Sounds exciting, hope this rumour is true because one thing Toronto is sorely missing is the ability to lay claim to a 100 floor skyscraper!

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