The simultaneous closing of this and ValueMart was my first thought. What's the next closest ... No Thrills on Coxwell - or Loblaws on Victoria Park?
Transit-wise, it's probably the No Thrills on the 506 from Main. Annoying for those near Woodbine. And the selection at the No Thrills is absolute crap, even for a typical No Thrills and how it was before they had to rebuild it. Even for President's Choice stuff.
I still don't see anything about this project on the City's Application Information Centre. But oddly I did get an email about it saying the application was submitted on November 20, and that the (broken) link is
http://app.toronto.ca/AIC/index.do?folderRsn=CKSFdGDc6e1Wf/S6jiN/oA==
A definite upgrade though. And an excellent location near the subway and GO. With more frequent service on the GO starting to take place, it can be incredibly fast to the Union area. I was meeting someone at Union the other evening, and I got a text while I was at the GO station; and they were at Queen Park subway. I beat them there by about 5 minutes! (subway train sat for a while ...)