Ophelia (242-262 Queen St S) | 11 fl | U/C

[Acitta]

If it's the two houses in question, they're staying as they have heritage protection for their architecture. From Vive:

A modern Miesian addition to one of the oldest street in Kitchener – Queen Street South, this high rise building will offer the community an attainable downtown living experience, while sharing the streetscape with two important homes in the Victoria Park Heritage landscape.  This intentionally simple design is intended to contract the ornate, preserved homes on the same property, while celebrating our four season condition in Canada with a playful and colourful art band at the roofline.

They make it sound as if it was their idea to preserve them. LOL