I live at 90 Soeurs Grises and my window faces where this proposed building is supposed to be built.
Since they announced the project I haven't even seen one person at the site, the sales office on McGill is never open and when it is open it's always empty, and furthermore, the staff at the sales office are not knowledgeable at all regarding the specifics of the new proposed condominium. Also the last post on their facebook page was October 13th, 2013, more than 7 months ago.
By the information I got off their website there is only 6.5% of the 167 units that are 'not available' which clearly states that there is little to no interest in this project. There are so many other options for people looking for a condo in and around the Old Port that they can get sooner, as it will probably take AT LEAST a good 3 years (from when they start) to demolish the building, go the proposed 5 storeys down for parking, then build a 10 storey condominium from the ground up, so realistically people will only be able to take delivery 2018-2019 at the earliest.
I'm willing to bet this project never comes to fruition, seems like it was mishandled from the beginning.