While I fully admit to a bias, I'll try to put on my neutral cap and say that I disagree that EVERYTHING about East Liberty Village stinks. True enough, Monarch has created 2 monstrosities with a 3rd on the way (ever looked in their lobbies - it looks like the interior design was done by an epileptic 9th place loser of Canada's Next Worst Designer), but I do rather like the design of Bliss and Liberty Towers. No, they aren't red brick (or even finished), but honestly, the King West Condo's were red brick and I HATED that design - too big/bulky.
Liberty Village isn't all old factories - take a look at the inside of Mildred's Temple Kitchen, or many other restaurants that have recently opened, and you'll see that those interiors will match the exteriors of CanAlfa's projects. We do, however, have to wait and see. If the builder cheaps out and the exterior design is lessened, then we could have a problem on our hands. As it is, less than 1/2 of the area has been developed, so much can happen, and will over the next 10 years. Vigilance will be necessary.
Personally, I'd rather a much more modern sensibility take over the East Liberty portion. Trying to replicate the western half will lead to some really bad designs i fear.