Yes, well said. The City claimed a minor victory when the LPAT ruled that the land COULD be used as a park. I believe the zoning is not yet in place to allow for all the ORCA development, but it will be, per the LPAT. I've lost track of precisel where we are in this process, it's been so convoluted
But at the very least, the principle of ORCA being able to develop over the corridor is now established.
I dunno what to tell you. This is, at a fundamental level, not how our planning system operates. Yes, there are rules about whether you can build a new deck or whatever on your house. A neighbour may say, "Hey, gibsonm's new deck will block my view!" but we cannot have is the government saying "you can't build the deck because The Commons would like to have a playground under it, in your backyard. We're not the USA but that level of government intervention in private real estate is still a big no-no.
I understand why it frustrates you but the air rights WERE sold so the market DID ascribe a value to those lands (even if, technically, the "land" does not yet exist) and the City can't just take that "land" at a lesser value. That's the expropriation law in Ontario. That's how things operate in a capitalist system.
And the planning law allows the governments to establish principles and then respond to private applications. If you wanted to build an airport in your backyard, you have every right to ask the municipality and, if they say no, to appeal to the LPAT. And they should both tell you where to put your crazy idea. But what they cannot do is deny you the right, within the legal framework, to build a deck or tear down and rebuild your house or otherwise assert your rights as a private landholder on your own land.
If they decide they want to take your house, and a few next to it, because the Commons would like a new neighbourhood park, there are legal steps they have to take to do that. And if that were to happen, you would be happy that you have rights and they can't just grab land "from a position of strength." And you're just a homeowner - imagine you were CN Rail, one of the oldest, richest corporations in this country.
No one here is AGAINST a park. But the idea that our government can use the extraordinary power of expropriation with the ease you seem to think they should, based on an abstract notion of Public Interest/The Commons, is just not how it works and IMHO, that's a good thing.