That is true, I do remember that. And when it gets worn out and they have nothing to replace it with, it will turn back into the dirty Plaza, pre-renovation. Wickedcl let me tour her room a few years ago, it was really nice and oh what could have been.
I also read an article that they are going to require them to put a wrap on the unfinished part of the tower as it's an eyesore for the city, like the Venetian did. This is probably another move to even be bothered with that.