If you want to get that out of the atmosphere, it's not good enough to grow trees today because in 50-100 years (or whenever a tree dies) you're right back where we are today.
[0] https://www.nationalgeographic.com/science/phenomena/2016/01...
You're right that we've added more carbon than can be stored in living forests. But reversing deforestation can & should be part of the solution.
The problem is energy (or lack thereof) - and so why not solve it directly by adding ever larger sources of renewables, which eventually will becomes enough that there's no need to burn any fossil fuels!
https://www.youtube.com/watch?v=e5XsqauBCX4
There are many other wood-based buildings higher than that being planned. The key for most of them is the use of various hybrid wood-laminates.
Good point, although you need to be sure you aren't counting the wood you replace it with as more carbon storage. Every wooden house essentially provides a fixed amount of carbon storage, no matter how much of it is replaced, and only as long as it stands.