I noticed a Boardwalk Lifestyle sign on the temporary fencing around the site the other day. That doesn't make me very hopeful that whatever gets developed on this site will be much of a looker, which would be too bad for such a prominent part of the neighbourhood.
No real additional information, but they reference this Marda Loop site in their investor presentation in May 2024. Gives me the vibe that it's a legit project that might actually happen:

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