I talked to a BPG worker while walking around this site today, he gave me some news (which is much appreciated). This project is definitely full steam ahead, the main tower crane will be erected in May.
Secondly, the old Frank Furness building which is next to here (on Market Street) and being renovated by BPG, will not only be a hotel, but BPG is putting an additional level to the top of the building which will be a rooftop bar/lounge. He also mentioned BPG is looking into putting an "underground bar" and restaurant on the ground level of the hotel as well (this must be related to their possible use of neighboring Willingtown Square).
As far as completion times, he said the hotel/bar will take about a year or so, and this project will be around two years.
Stock photo: Me
https://www.google.com/maps/@39.7416...7i16384!8i8192