Toronto Alter | 107.89m | 33s | Tridel | a—A

That is correct. Everyone has to dress up in their finest attire on the first day of excavation for the event to be considered 'formal'. This hasn't occurred yet.
 
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Here Tridel has set up a webcam to watch the project from almost directly above -- apparently since late August.
http://www.tridel.com/alter/live-construction-camera/

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(Never linked to a webcam still before -- not sure if image will work ... from 2015.12.03.18.17
EDIT: It appears the image updates even within the post...)
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It's set up at 86 Gerrard Street East, adjacent to the gallery:
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Walking by today it looked like full-on excavation. I should probably take pics, but there's way too much competition and judgement/criticism for novice photographers on here so I'm scared to post them lol.
 
Today's (phone!) camera shot here:
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Also updated: the slideshow from a fixed camera on the gallery's third floor - Oct 30 to Dec 18:
https://plus.google.com/photos/112970919581527378150/albums/6223806077677847761
(Addendum: Seen in another browser, and not signed in to GooglePlus, the images seem low-res and do not advance -- i.e. one must return to the gallery view to select the next image ...)
 
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When's that parking lot across Church from these 2 developments gonna bite the dust? That stretch will feel totally different when those 3 lots are all built out, it'll be weird to refer to it as the "village"
 

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