It looks like Toronto may finally be getting its first W Hotel, a chic chain whose presence in Toronto many have been waiting for. A promotional video for Skyline Investments' Canada Tower Hotel & Residences which was first tweeted on December 13, 2010, has been updated and was released briefly on YouTube this Thursday. Significant in the update was W Hotel's logo splashed across the screen, attached high atop the tower, and mounted on the wall by the building's lobby entrance.

Despite the graphic evidence, the narration did not make specific mention of the brand. (The video has since been taken down, presumably to correct some errors that were found in it.) The tower, designed by Page + Steele / IBI Group Architects, will rise 54 storeys tall at the northeast corner of two of downtown Toronto's smaller streets, Temperance and Sheppard, southwest of Bay and Richmond. The building will rise to the south of the 1913-built classical revival Graphic Arts Building, replacing a surface parking lot. The building's lower floors will feature the hotel, while upper floors will feature condominium residences. The building will be attached to the underground pedestrian PATH network which connects dozens of buildings and several subway stations in the city's core. UrbanToronto has the following screen captures from the video to tide you over until it returns.

The balcony rises on the northwest and northeast corners of the building will feature a faceted edge. 

 These images show the tower's podium designed in reference to the Graphic Arts Building to the north of it. 

 Entrance to the tower. Inside, separate lobbies provide access to the hotel, and to the residential suites.

While a disclaimer at the end of the video states that interiors shown in it are for suggestion purposes only and are subject to change, it is clear that the interior is intended to be of a luxuriously modern nature befitting the W brand. We await official announcements, and more information!