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We can say the same about nearby 'vanilla' condo buildings https://goo.gl/maps/7qm79E799kUKUCPFA Old port is just prohibitively expensive in general.

I think the point is there'd be places like this in more affordable non-sought-after locations, had the vision been a success.

The area is just expensive as hell, final. Some of these cubes are horribly dated, but just the fact it's in the Old Port makes the price shoot way up.

Thats more to do with zoning and permitting.

I mean, you can say that, but, it's all mixed-use highrises around there. There are new thirty-story buildings going up all the time. I don't think there's much more that could be done policy-wise, it's just a desirable area -- and there's condos half the price ten minutes away by metro.