innsertnamehere
Superstar
They are indeed demolishing that chunk more or less entirely, though about half of it will be replaced with a pedestrian bridge connecting Backstage to the PATH Network. Overall the Yonge St underpass should feel a lot shorter and less oppressive, though.About half of it. You can see details and a rendering here: https://www.toronto.ca/legdocs/mmis/2022/te/bgrd/backgroundfile-225604.pdf
Of course it's nothing like when they demolished the extra part of the York St Underpass in the 90's, which extended south to approximately halfway between Bremner and Lake Shore, and was for its final years a simple concrete structure sticking out above grade encasing the street:
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