Surely you must have accepted this reality long ago, no?
There are obvious caveats - Symmetry, Mod, Cityzen, to a lesser extent Cresford (there are others, I just can't recall names at this point) - who recognize the power that excellent design can do for a brand (Apple?!?!), but for the most part large, full-service firms will be happy to sketch up some crap for anyone willing to pay the fee. Though best developers (including, but not necessarily limited to the aforementioned group) find a way to integrate design into their cost equations, the reality is that there is a bottom line and it has to be met. An elementary course in real estate finance is a real eye opener to those (myself included) for whom design is the ultimate arbiter as it clarifies just how hard 'excellence' is (and increases the respect one has for those who 'get it,' so to speak).
(I also wouldn't have selected One Bloor as a barometer or litmus test for 'bad design' or 'cheapening' as I'm pretty sure the folks at Great Gulf and H+P wouldn't have made so clear the expensive details they're planning for that project - e.g. curved class on *wait* - every - balcony).