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Here are articles about the project:
https://www.urbanyvr.com/keith-drive-vcc-clark-office-building/
I could swear I was just looking at the sign a few days ago with an unimpeded view.
It's always a shame when iconic bits are disrupted by development, but I honestly can't say I care a lot about that cross staying there and I'd be fine with moving it. It's supposed to represent the un-gentrified Vancouver, so it's ironically on-brand to move it to a place that's less gentrified.