To the contrary, I'd argue that the past few years have been quite fruitful on that front. The Warehouse Park has led to 1,800 residential units on adjacent properties being planned, under construction, or already completed. The Infill Infrastructure Fund has supported more than 4,400 units, many of-which are downtown (some of-which are by Warehouse Park, but not all). The Downtown Student Housing Incentive will fund a minimum of 500 units for students, and the projects must have a building permit by November 2026. The CRL extension means that hundreds more units will be built north of Rogers Place by 2028, with thousands more to follow over the coming ten years. The extension also brings us an Attainable Housing Fund, with details TBD (the council package was delayed to allow for negotiations with the province and private industry to improve the program that gets recommended to council).
Not only does all of this improve downtown's vibrancy and business environment during a larger range of hours and days than ending hybrid work, but it also spreads the benefits out more. These residential developments are all over downtown, whereas COE workers are concentrated in the blocks surrounding city hall.