I believe all the trees are going.
Here is a video from 2014 somebody posted to al.com's comments that shows the same "bones" with a different "skin," not to mention a fancy rooftop lounge named for Eugene Walter. Apparently they ran out of $$$. Oh well.
https://www.youtube.com/watch?v=pmdf16TKnEs
Also, hard to believe they're not putting balconies on rooms fronting the parade route. Maybe whoever pulled the stock plan from the big binder back at the home office didn't know the site was on a parade route.