For those of us that live in Toronto and have experienced Palmerston and City Place; Kensington Market and Metro groceries it's so obvious that another set of condos built by a giant corporation are not what we need. You can call me cynical all you like, I'd rather have my city move in the direction of Europe (Vilnius or Paris) than Manhattan or Tokyo.
Count me as one of the many happy people that this fell through, even though I'm generally positive about Google's other enterprises.