I think that more activation' is obviously better than less 'activation'" is what we're saying too. The addition of Live Nation is welcome and should go a long way in revitalizing the Market further cementing it as a premier destination in the City, but some day time animation would be nice to have as well, but none isn't a deal breaker.
HBC itself probably wasn't a huge draw, but it animated its surroundings by being a throughfare thanks to the skybridge and Freeman Mall (and even Chapters acted as so when it was open). . If/when it closes, we won't have any way to get from Rideau to the Market between Sussex and William; that's nearly 200 meters of dead space. Some businesses in between might suffer a bit.
We could hope that CF tries to at least buy the Freeman Mall.
Back to the Moxy, it's overall a good building. The stepped design is unique in Ottawa, the balcony glass looks decent and of course I'm ecstatic for the preserved Major warehouse. AC's quality suffered, but they did much better here.