Does this have above ground parking? Is there a Green P lot in it or something?
I think it's an above-grade Green P on 2-4, with residential parking below grade.
 
Yes, there will be public parking on levels 2 through 4, but it's not necessarily Green P who will be operating it, and not who will own it.

The following is from the Planning Department's Final Report on the building:

The proposal to replace a surface parking lot with a mixed-use development is consistent with the land use provisions of the Official Plan, the objectives of the King Spadina Secondary Plan and the use provisions of the Zoning By-law.

The existing parking lot can accommodate 50 cars with the proposed commercial parking facility providing parking for 110 vehicles. The Entertainment District BIA has commented to the City on the ongoing need for commercial parking as the majority of the surface parking lots in the area are being replaced with mixed use development. The BIA notes that the area is a destination for many entertainment and restaurant uses but more importantly is characterized by a large number of heritage buildings that serve employment uses. These buildings were not built with parking and usually have no space for parking on their lot. Although some new projects in King Spadina have provided parking on their lots to replace the existing commercial parking supply a number have not.

In the case of 81-87 Peter Street, the commercial parking component of the building is proposed to be owned by the owner of the Commodore Building, a 10-storey heritage office building to the north, in order to provide associated parking for that building. This building has no parking but if built today as new office would require between 35 and 75 parking spaces depending on the mix of uses. While meeting the needs of the Commodore Building, this lot will serve other heritage "brick and beam" buildings in the area to help the businesses attract employers and to protect this building stock as it competes in the market.

Although City policies do not promote the development of new commercial parking facilities, in this context the proposed parking does not represent an oversupply that would encourage more automobile use or encourage increased commuting.​

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July 8:

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Looks like they might just be getting past the podium. If so it'll rise faster with a consistent floor plate.

What I'm really saying is 'ohhh yeah.'
 

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