The relevant material from the pdf linked above is this from page 5:
City Owned Lands
On October 25, 2011 City Council adopted recommendations made by Real Estate Services to declare surplus the remainder of the Ordnance Street triangle lands, municipally known as 10, 11 and 25 Ordnance and 45 Strachan Avenue, and transfer control of the properties to Build Toronto. The transfer of the lands to Build Toronto is to facilitate a comprehensive development concept and phasing timeline that will integrate, where possible, with the plans of the 30 Ordnance Street.
Build Toronto and the applicants for 30 Ordnance Street (Diamondcorp) have already engaged City Planning staff in a preliminary master planning exercise to determine the potential comprehensive development opportunities for the Ordnance Triangle properties. Initial concepts proposed by Build Toronto and Diamondcorp identify the potential for additional residential towers to be built on 11 and 25 Ordnance and 45 Strachan. Under the preliminary concept 10 Ordnance would be designated and developed as park land and would accommodate a potential touchdown point for the future Fort York Pedestrian and Cycle Bridge. Through the ongoing process, additional height or density and minor building adjustments may also be identified or accommodated on the 30 Ordnance Street site if deemed appropriate. Any formal proposal to build residential towers on the remaining Ordnance Street lands would require Official Plan Amendment and Rezoning applications as the properties are designated as an Employment District and Employment Areas and presently have a zoning designation of I1 D3. To address the Official Plan designation issues, City Council, at its November 29, 2011 meeting, adopted a recommendation, as part of the Fort York Pedestrian and Cycle Bridge alternative design decision, that directed City Planning to consider the master plan being developed for the Ordnance triangle lands as part of the 5 year Official Plan and the Municipal Comprehensive Review currently being undertaken and that the result be reported to Planning and Growth Management Committee no later than June 2012.
Forty-five Strachan Avenue is currently occupied by a Municipal Licensing and Standards office in a building that has been renovated for its use. Ten Ordnance Street is currently a vacant parcel of land that had previously been the subject of a Council directed review to rezone the lands to Park Land (G). Eleven Ordnance Street is leased to Eva's Phoenix, a Below Market Rent tenant, for the operation of a hostel for homeless youth, which provides shelter and employment training. Eva's has also leased a portion of the existing building at 25 Ordnance Street to operate a print shop and youth training centre. As part of the transfer of 11 and 25 Ordnance to Build Toronto, Build is required to continue to work with Eva's Phoenix in order to assist them in a transition to new accommodations and to provide both consulting support and financial support to facilitate this re-accommodation.
