I definitely find myself disagreeing with the oft-ascribed soullessness of Bay Street. It is a nice mix of city + wide sidewalks + occasional greenery without the displeasure that is Yonge Street through much of the same stretch.To avoid Yonge St., Bay Street has become a much more pleasing and engaging street to walk, the sidewalks are much busier too. This more user-friendly green space at the north half looks like a great update.
The statue, which I believe is a donkey or mule, is partially uncovered today. It really seems out of place to me.