01/14/2010 at 12:00 AM EST
has a new catchphrase: "This worries me."
The Project Runway
mentor was on hand -- with judges Nina Garcia
and Michael Kors
-- to celebrate the temporary naming of Project Runway Avenue in New York City's Fashion District on Wednesday.
"There isn't a single challenge without lots of 'make it work' moments," Gunn told reporters at the event. "I'm afraid 'this worries me' is going to become a catchphrase because I say it so frequently."
In fact, Gunn has good reason to worry
about the contestants competing on the show's seventh season
, which premieres Thursday (10 p.m. EST) on Lifetime with Nicole Richie as a guest judge
"I'm calling it the season of the sashay because no matter how urgent our deadlines are, no matter how far behind we are, the designers just sort of waltz around our workroom as if we have all the time in the world," Gunn said, "and we don't."
The street naming, which turned Fashion Avenue into Project Runway Avenue in front of the iconic "Needle Threading a Button" sculpture at 39th Street, also marked the design competition's return to New York. Michael Kors
believes the move will be to the benefit of the designers. "When you think about it, the walks from Parsons to Mood, you could have 500 inspirations within a minute," Kors said. "The bar is raised. I think the energy level is full-tilt boogie. It's New York. Nothing stops here."
And not only will the move back to the Big Apple from Los Angeles inspire the designers, Gunn also embraces the change. "I'm thrilled," he said. "This is my home. I'm happy I can sleep in my own bed." --Aileen WongTell us: Are you excited for tonight's season premiere of Project Runway? Where does the show belong, New York or L.A.?