I'm usually skeptical about things, but in this case, with so much at stake and having had an aggressive developer with deep pockets already make so many commitments to the site, and with the city anxious to re-develop the Bloor St. corridor, AND a site that has already been pre-approved for a fairly tall skyscraper....this is a done deal, with merely formalities and possible construction hurdles (like any project) to overcome. By the way, Varacalli's design is pretty damn good. The layouts, for those of you who haven't seen them, are very efficient, and the "lanai" idea is unique for Toronto. The slender building with the fin on top, and the ever-changing facade (due to the "second skin" movements of the lanais) will be impressive to look at 3 years from now. I wouldn't pay $1000 psf to live there, but the fact so many investors have bought in is a good sign for the city.