I have it on good authority that as it stands today, the park will include the U driveway as-is and it will remain private property of the owners of 909 Bay Street. This is because the city apparently has been unwilling to negotiate with the residents of 909 Bay who own the parking garage below...
A simple search on Realtor.ca shows that there is one Bay St townhouse available for 2.7 million and one St Mary St townhouse available for 2.5 million.
I appreciate that the entire structure isn't being demolished. Sort of like part of the history of the place will still be there... sort of. I like the trend of recycling buildings as is happening on University Ave too.
I appreciate the signage they used, not in the window, but up top in the sign. The text is classic looking gold lettering that fits well with the building.