I can't wait to see the fully completed Regent Park. As a Cabbagetown homeowner, I'm looking forward to walking with my kids and dog all over the project, something we'd never do in the past (debate that if you wish).
This is one of the most exciting developments in the modern history of Toronto. An increasing group of middle class and up and coming folks who would have fled the city and bought in the 'burbs will now live in the downtown core. IMO, they should drop the Regent Park name, and go with something new, such as Cabbagetown South...of course Regent Park was build on the original Cabbagetown, when today's Cabbagetown was called Donvale, IIRC.
Of course, a cynic might say that the city finally figured out how to get rid of the drug and crime problem in Regent Park, that being of course, getting rid of the population demographic that's involved in those activities.