The August rezoning application comes roughly four years after the site was first identified as one of 39 potential affordable housing sites under City ownership in 2021 — part of a broader plan to leverage property assets and inject thousands of affordable rentals into the local housing market. Residents would also have access to a nearly 1:1 ratio of units to bicycle parking, with 421 spaces planned for the project. This colourful space would divide the tower from the mid-rise while opening up the block with a pedestrian plaza. The project was presented to local residents during a September community consultation, where the local councillor supported the proposal as a means to bring housing to the ward. Based on details shared during that presentation, CreateTO expects to secure a development partner for the project in Fall 2026.