I'm worried this will be another "Landing" style development that turns its back on the street, celebrating the waterfront (nothing wrong with that)... It would just be a shame to see Bay Street not be fully addressed in the urban context (street edge, retail, restaurants) and thought out as a beautiful corridor connecting downtown and the sports area..
Also let's address the elephant in the room: the fact that the jail is across the street. I see 6 blocks between Liberty & the Maxwell House that would make a great area for a convention center.. The Mayan-influenced JSO Building is quite beautiful and could nicely retrofit (along with an expansion) into a convention hall to tie in with the hotels, offices, and retail developed on the shipyards.
The jail and sheriff's office could be moved elsewhere (perhaps out on Clifford Lane where the current AmShack is.. plenty of land there and surrounded mostly by industry)