^lol I live in this neighbourhood! The neighbourhood is very stable once you get off Dundas onto the side streets.
If someone converts the old Chairtex warehouse up the street all that would be left between Bloor and the Wallace bridge is redevelopment of the Freshco/SDM plaza, which will presumably happen at some point. This is consistent with the Mobility Hub plan.
I saw the article on the Beer Store originally, but don't see how it uses the Chairtex site as it has no parking (as noted by a commenter on the thread you link to). I was wondering about the Budget site on the other side of the street, they could build with street frontage and a little parking in the back. Can't imagine the neighbours on Chelsea would be very happy about that though. The Freshco parking lot seems the most obvious, but it wouldn't jibe with the statement in the article that a property was "acquired" as I would assume they could only lease a new-build in the parking lot. But that might be what they meant.
But the Beer Store rep said north of Bloor.
The Loblaws south of Bloor is on a very large development site. There are big plans for the site in the Mobility Hub study, but I don't know any particular reason why we would expect those to come to fruition. With its good transit access and assuming continued growth in the area I would expect Loblaws (which I believe owns the site) to build a streetfront Loblaws and sell off the back of the lot to condo developers. The Zellers lease was acquired by Target and not sold to Wal-Mart but that doesn't mean that Target will go in here (I wouldn't expect it given how close the Stockyards Target will be, though this would be one of only sites with subway access). They may just sell lease back to Loblaws.
That jog of road (Dundas) from Bloor to Keele, has to be one of the most depressing thoroughfares in the city....it definitely needs help.
The lot is not owned by Loblaws AFAIK. If you recall, two years ago or so, Zellers was having a closing out sale and ready to shut down. Reason was that the landlord was delaying lease renew for some unknown reason leaving Zellers no choice but to start liquidating. I hardly think LPL would be so irresponsible. Also, I do not know if Target purchased this Zellers. Remember, Target only bought 189 of 272ish Zellers and this one doesn't look like a real bargain to purchase.
I may be wrong about Loblaws, but thought I had heard that at one of the avenue study public meetings. However, Target definitely acquired the Zellers lease for this location, it was one of the listed locations in a press release Target sent out last September. This does not mean Target will open a store there. They sold some assumed leases to Wal-Mart, but not this one. They have not announced opening a store here. So they could sell it back to the landlord, sell it to someone else, or eventually open a store.
Listed in the attached article.
I don't recall saying anything about cross-traffic between the Junction Triangle and this site.