jgreebnerg76 , does it look as though it's going up around the entire site? Or is it just a large enough section for the sales office. That's a large surface lot to lose just for sales.
I'm very excited about this one, especially considering the location and the heritage restoration. If I were buying a condo on an unlimited budget, I think I might go for the Shangri La. It's on the subway, and close to all the stuff on King and Queen West.
that looks an awful lot like construction hoarding. i suppose it's not totally inconceivable that the market is at the point where developers can get their financing on spec...though i would still be surprised.