I agree with you all. This is great and it's awesome that it finally looks like something will happen in that neighbourhood.
The condo building looks nice and right-sized for the area, but I'm actually quite interested in the commercial element - it will create for a node of activity there. Given that the agreement with CN required a "buffer" of commercial/retail along Stuart St., this will be the beginning of a new commercial strip. The fact it isn't "big box" style is a huge plus, which future developments would be wise to continue to the west (which is what the city has planned, isn't it?)
Eventually, if that rail yard gets moved (
) Stuart could serve as the local commercial corridor with more residential and recreational uses along the waterfront.