Typical Toronto cycle of thinking.
A Grand vision is proposed. Everyone gets excited
Then its scaled down. Everyone is bitter about it
Then people accept it that its better than nothing.
Mediocre things are then built.
People then complain why Toronto is not world class.
And cycle repeats itself.
If you want to truly enjoy a great park over Rail Tracks, best to go to Chicago and check out the Millennium Park.
Toronto will never built anything close to that.
I've posted this stuff before, I'm sure, but even Wikipedia-level research tells you a bit about what happened in Chicago:
So, Toronto is talking about a project with a starting budget literally 10X what MP started at; and without owning a single square metre of the site.
Also, half their budget came from private donors. Maybe we'd get some of that (we did for Bentway, for example) but that's entirely uncertain.
So, to say this City can't pull off a project of that scale, on land they don't own, that would almost certainly cost $2B-$3B of almost entirely public money... It just doesn't really compare on any level. MP is obviously a nice park and a major Chicago landmark, but to think that's what we were talking about - aside from the superficial aspect of building a park on rail lands - seems dicy to me.
What we should have done is set aside land decades ago, the way NYC set aside Central Park and Chicago set aside its lakeshore; but those are exceptional and unique parks because they were lucky enough to think far ahead. That ship sailed for us long ago.
Clearly the private development isn't as good a park as the park BUT the park was never a real thing that got lost or "watered down."
If I declare I think the block between Bloor and Bathurst and Brunswick and Lowther should be a park, who wouldn't say that's a great place for a park? But it's a neighbourhood. There's already stuff there. The City doesn't own it. They'd have to expropriate it. So saying that isn't "watering down," the park, it's admitting it's a good idea that is obviously totally impractical. Which is another way of saying, it's not a once-in-a-lifetime plan that fell though; and if it is, it fell through a few lifetimes ago.
It'll be less amazing than Raildeck Park (yes, or Millenium Park) but better than Canoe Landing. It'll probably be really cool and something to see and, unlike Raildeck Park, it won't cost you a cent and it will be built in your lifetime.
It's not perfect, but what is?
.