With so much attention focused on the new Frank Gehry designs for Parcel Q, it's easy to forget that the Grand Avenue Project already has one residential building under construction.  The 19-story Parcel M Tower broke ground in late 2012, and is now topped out just south of the Walt Disney Concert Hall.  The Arquitectonica designed building carries a $120 million price tag, and is slated to open its 271 apartments late this year.  In the meantime, check out the Parcel M Tower's live webcam, which has focused on the project site since shortly after groundbreaking.  Perched atop the Colburn School, the camera provides a speedy time lapse video of the building's construction from ground level to its 215 foot apex above Grand Avenue.  Making a guest appearance in the lower right hand corner is the Diller Scofidio + Refro designed Broad Museum.  The $140 million project will share a pedestrian plaza with the residential tower when it opens, also in late 2014.