This seems to indicate there is a potential development on this rather large parking lot downtown:
Anyone heard anything about this ?here has also been considerable interest in the parking lot across the street, which is bordered by Queen, Shuter, Mutual and Dalhousie, and Alikakos reveals a deal is very close to being brokered. For years, the parking lot has been a blight on the area, to some degree preventing the neighbourhoodâ€™s development. Once completed, the deal will be one of the biggest of its kind in recent Toronto history (given that the parking lot takes up an entire downtown city block), with an ambitious plan to build retail, office and residential spaces on the site. As such, the retail strips lining both sides of Queen east of Church would likely see a considerable increase in foot traffic.