A friend tipped me off to this. Looks like the Seagate is dead for now. After getting the approval, instead of moving forward, the developer is trying to sell the land.
http://www.collierscanada.com/11552#.Uqe9DSdnBR0
I frankly wouldn't be disappointed to see this one shelved. It makes Lotus Point a more likely start and it's a way better fit for the Downtown.