Agreed, we will likely see an application here in the near future.
Aside from the Environmental issues, separation distances to 57 Spadina and shadow concerns to the east, this site has great potential.
It will be interesting to see how this plays out. Hard to ignore some of these City staff comments: "The development as proposed uses a private road that doesn’t have sidewalks, staff said, as well as driveways that are legally too short to park a car."
There looks to be only 1 underground parking level because of the high groundwater elevation.
You would think it makes sense to bathtub and propose further underground parking instead of all the surface parking. The surface parking could be replaced with green space or further development.