Toronto's office and condo markets may be dwindling, but the demand for rental units is still going strong — and developers are quickly pivoting to meet the changing market conditions. Previous applications dating back to 2015 have included a 12-storey iteration, and, more recently, a ten-storey office building that would have risen just shy of 50 metres. The office market was gutted during the COVID-19 pandemic, and commercial vacancy rates are still struggling to recover, approaching six years since the first lockdowns. Planning documents state that, in the context of current planning policy, the previously-approved mid-rise office building "does not fully realize the site's potential." A total of 514 purpose-built rental units are proposed in the redevelopment, which includes 464 market-rate units, 30 affordable rental units, and an additional 20 live-work apartments to replace existing rentals that would be lost to redevelopment in accordance with City rental demolition regulations.