The City will not care whatsoever about the height race between these two, and won't schedule anything simultaneously to promote or decide the race one way or the other. Each application will be treated in the same, methodically, painfully slow manner as every other application.I think the city’s taking it’s time because perhaps they know that structurally it doesn’t matter whether the addition is approved now or right before the building tops out. They may have also pushed it off for later, until any doubt about financing etc (not opening this discussion, btw) is out of the way- might as well take their time if they can, even if it’s a low chance of it not panning out.
Edit: wording to better reflect nature of the scenario
Meanwhile, Pinnacle’s request at One Yonge is probably going to incite the discussion for this site a little more- there’s no doubt they’ll follow through on going taller, so I can foresee a simultaneous decision. Either both go taller, or both don’t. Otherwise would probably look like favouritism, even under some pretense of other considerations like shadowing for one site or the other.