It's not often I agree with you on a subject like this, but I agree there. Who are we trying to kid here? It's prime real estate and you'd expect any homes built there would be expensive to build (built luxuriously, and to take the beating from the weather) and expensive to buy, not...
If you're honest with yourself, you'll accept that had an extension been granted, it still wouldn't have gone ahead as no one would agreed to fund it in the economic climate we had back then.
I'd have loved that, it would indeed have been iconic as you say. But that was back when the financial crises happened, so it wasn't ever going to be built. I blame the politicians for what they agreed could be built alongside the iconic tower, but I can't imagine it's their fault that it became...