I quite like the Hyatt at King/Peter. What is so off-putting about it to you?
As for podiums, they work well in a Toronto context, in the more established areas of the city at least. They allow us to preserve the older low-rise built form at street level while adding height and density in a way that doesn't overwhelm the pre-existing stock. Besides, most of Toronto's high-rises belong to the post-war modern and post-modern era where podiums are common. With a few minor exceptions Toronto isn't a city of street-wall canyons like Manhattan, and never will be. So why not embrace the podium as a prominent feature of Toronto's built form?
Here at One Bloor the podium works particularly well. It adds interest to the intersection, providing an architecture-as-landmark destination moment at this end of the Bloor retail stretch, book-ending the ROM Crystal at the other end. The step-backs and tiers provide energy and draw the eye, as will the layered presence of urban activity here, especially at night when lit up. Scores pretty high in my books!