AlvinofDiaspar
Moderator
Agreed, but reducing the green space would be the challenge. One among many. You'd have to replace those tall slab towers (not sure there is an appetite for significantly more height), and also build new market housing on the site to pay for everything. You'd regain some space by moving a lot of the surface parking underground, but I am not sure it would be enough. They might get away with reducing the green space a bit. The optics of replacing publicly-owned green space with condos would be terrible. There is also a growing concern about the need to increase public amenities, parks in particular, hand-in-hand with intensification -- here the local community would undoubtedly accuse the City and TCHC of doing the opposite.
It would be interesting to know if TCHC has ever played with the numbers (I'm more interested in GFA, site area, etc. than the $ amounts) to see if it can be made to work.
It's also entirely possible that TCHC has no intention of initiating anything for Moss Park while there are still phases of Regent Park under development along Shuter.
Again just eyeballing the the site - you can put in a new E-W local roadway (plus extending one or two N-S roads - e.g. Ontario or Seaton & Berkeley to Queen Street E) and rebuild the 20s slab towers into shorter, 10s midrises filling the subblocks with interior courtyards. That would net you a major redevelopable lot off Shuter west of Seaton (if that's part of the TCHC property), plus maybe one smaller lot fronting Queen East (while keeping a chunk of the existing greenery as a park block. Some community use could be relegated to the podium of new private developments or even the public ones. The economics is probably less stellar than RP (and like you've said, they probably have their hands full at the moment), but it can be done.
AoD