Just came back from the opening. Prices are up $20,000 per unit placing some units at over $500 psf. I only bothered getting pricing on two units:
560 sq ft unit on the first floor 239,900 last year is now 259,900
same unit on the penthouse 269,900 last year is now 289,900
It seems overpriced to me but people still seemed to be buying, though not as quickly as last year.
They also gave out a letter (only if you asked) detailing the the application for residential use. The letter makes it seem as if this issue is only relevant in relation to obtaining parking permits.
It says that they anticipate that all the approvals will be finalized by July 31, which is well past the 5% down that needs to be paid 15 days from signing (quite sketchy to me). So, it's possible that Plazacorp/Toronto Lofts will have 5% + $2,000 (deposit) of people's money even before the building has been approved for people to live in.