Excavation work continues at the site of the new U Condos. In this photo by Urban Toronto forum member drum118 we see the construction pit starting to form.

Photo by drum118

UrbanToronto moderator ShonTron has a bird's eye view from his office: here's a panoramic stitched image of his view of the site.

U Condos from above, stitched images by ShonTron

Coming in at 55 and 45 storeys, the two condo towers are being developed by The Pemberton Group. Located at the southwest corner of Bay and St Mary, the tower are designed by architectsAlliance. Here's what to expect in about 2 years. 

Additional images can be found here.