Three new retail units will be a great enhancement to this stretch - let's remember that The Esplanade is a premier restaurant magnet of a strip, and the current Novotel is a boring, elongated hotel lobby/cafe. Additional pedestrian activation will be good for the 'hood. In the long term, multiple restaurants vying for patio space on this stretch could mean the city considers streetscape redesign/traffic calming measures to expand that patio space and pedestrianize the road even further.
The podium does have a small bit of dialogue with the colonnade on 25 The Esplanade, while being different enough to be architecturally unique. I don't hate it, and I think the architects did the best they could given our city's inane planning direction. I just don't think the Ace Hotel style arches work as well as the architects do at this scale though. The Ace arches were very human scaled and approachable, these are a bit leviathan and imposing in comparison. They could do with a scale-down.
As for the tower(s), yeah pretty clumsy. Fortunately Toronto just isn't at a place where curved glass is feasible (because we'd be at NYC new build $/SF prices, which, as someone trying to own a home eventually, blegh); I just wish development teams would stop trying to incorporate curves if they all well-know that they'll be executed poorly. Sure, they look sexy in the sales renders and that's all the marketing team cares about, but as someone who lives in a space with a curved balcony, it's an incredibly annoying space to design around. Very little care for the end-user, very maximal care for how good the model will look in the presentation centre. Hopefully that middle section actually does wind up being curtainwall and not getting VE'd. Even more hopefully, they take the tower back to the drawing board and make it more cohesive now that they know it's a one-er, not a two-fer.