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Owl City – How I Became the Sea Lyrics 10 years ago
@[pjunk:1785]

I think you're totally right! Just some more to support your view:

The Empress is a ship, and on the cover of Ocean Eyes there is a building that is designed to give the appearance of a ship. That is the Empress, and as it is now on land, it has "ran aground"

"when it became a dream" might be a reference to Fireflies, but that's uncertain.

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