In conversations with the developer (to schedule my finish selections) I was told that occupancy is happening starting late this summer. When I pressed as to how that could be considering the tower isn't up yet, I was told that the old building is already in the process of being finished, and that the tower will be up and the crane will be removed, at the end of March.
If that's the case, it shouldn't be too much of a stretch to start occupancy at the end of the summer.
Considering that my original closing date was March 2009, if I can close by the end of this year, that isn't too bad of a delay in it's own right. Factor in the (seemingly) complex construction going on there, and making 2009 occupancy is pretty good! Frankly, I expected to be delayed at least a year, if not more, like at other places i've bought.