??? The Nova Era across from this project is packed until 11pm on some weeknights. The Dairy Freeze just reopened after renovations, never seen it empty. The La Paloma in the summer does extremely well. There is a Portuguese bakery at the corner of Caledonia and St Clair that also seems to do pretty well. And as a previous former mentioned, it replaces existing retail.
It's across from one of the most well used parks in the city. Skating in the winter, Outdoor swimming in the summer. Two soccer fields. Plenty of festivals. On a street defined by retail, it's a loss to not see any here. Hopefully it's converted in the future.