found this at Daily Commercial News....looks like phase 2 & 3 may be starting late summer....
CONDOMINIUM TOWERS, OFFICE AND RETAIL BUILDING Proj: 9057338-8
Toronto, Metro Toronto Reg ON NEGOTIATED/WORKING DRAWINGS
Clear Spirit, 55 Mill St, The Distillery District, M5A 3C4
$200,000,000 est
Start: August, 2009 Complete: October, 2011
Note: Sales and Marketing are underway. Working drawings are underway. Completion is anticipated late Summer, 2009. Const Mgr will secure a Gen Cont July/August, 2009. Schedules for Sub trade tender and construction will be finalized Summer, 2009. Further update mid-June, 2009.
Project: concrete foundation, cast-in-place concrete structural frame, fuel fired heating system, proposed construction of 40-storey, 364-unit condo building, a 35-storey, 305-unit condo building, and a three to four-storey office and retail building.
Scope: 69,139 m²; 40 storeys; 2 storeys below grade; 3 structures; 669 units; parking for 1090 cars; 14,921 m²
Development: New
Category: Apartment bldgs; Commercial offices; Retail, wholesale services