That's the one on 6th and Monmouth? When they started that it was being built like a fortress, with the whole frame being cinderblock and steel under those fake bricks and wood. But it's been like this for what seems like years now, so perhaps the developer went bankrupt or something happened, because now it's just being left to rot.

Granted if I was buy something I'd go for this over the one they built on the 7th street corner, which went up in about 3 weeks and looked to be made of balsa wood.

That developer (7th street) probably skimped badly all around, but then sold at the right time and made a mint off people who didn't know what they were getting, while this developer looked like they were trying to build something good, and then had to slap cheap cladding on the outside to sell it before going belly up.