That was how I've looked at it till very recently. I've visited the Bentway a few times but my last visit after midnight during Nuit Blanche tipped me squarely to the other side. The columns in this section have been repaired, the super-structures augmented with coloured uplighting, the pedestrian thoroughfare is wide and inviting, and the installations were fantastic.
The paintings looming to the side in a sea of tall grasses were brilliant. I felt like I was at the AGO except the setting a fusion of industrial and nature. I heard many people make similar comments about how astonishing the space was. It was every bit as impressive as Millennium Park in Chicago or the High Line in NYC.
I wish I had photos to share but I've never been so impressed with Toronto as I was the 90 minutes I spent there. Rather than abandon the idea, Toronto needs to double down.