I too would love to hear more on this, mainly, is it happening and WHEN?
Various things I recall from past discussions:
1. There will be underground parking beneath the new North Market, and it will be accessed through the existing lot beneath the Market Square Dominion, hence no need to additional entrances from Jarvis or King, as were previously much discussed.
2. While the new North Market is being built, a temporary structure will be built on the parking lot south of the Market, to take care of the regular activities such as the Saturday farmer's market and Sunday antique market. Afterwards, the temporary structure will be torn down and the lot used for something more permanent (I have variously heard this may be a box store or yet another condo development with retail on the bottom floor. Extending the Crombie Park and building slightly to the south would be much better, in my opinion.)
3. Probably directly unrelated to the above, I recently heard that one company has purchased all the buildings along the west side of Market St. between Front and Esplanade, including the car repair place, which is now closed. These will all be completely restored, and that stretch of Market St. will be made into a pedestrianized street, extending the pedestrianized area already existing to the north which goes from Front to King between the North Market and the Market Square shops.
I heartily support all the above changes... let's get started!