I saw that illustration too. I was quite surprised on how down they were on the project, even seeming to complain about the loss of parking spots. You would think such a consumerist focused magazine would applaud such a ritzy project.
I think the reno looks amazing. I gave her a test walk the other day and was thoroughly impressed. I'd love to see it exteneded, especially north up bay st. a few blocks where the sidewalk looks ghetto. Hopefully once the disgust over the cost subsides, Torontonians might demand some respect for sidewalks and see something more than our budget (swept/brushed?) white concrete sidewalks (with maybe, if we're lucky, some coloured concrete bricks added). I think we might be one of the worlds worst (of its wealthy) cities for sidewalk neglect (Financial District landlords have the right to be particularly pissed at the city) and implementing "good enough for Canada" design. I don't like what they say about our city... except this strip of Bloor, now that's class!