It's already pretty much across the street from one of the best coffee shops and one of the best restaurants in Toronto, so with a few thousand more people living in the few surrounding blocks, it should easily support more.
 
Interior demo just about complete.

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Can someone explain to me what this process is? They've been laying down what appears to be crushed rock.

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It's probably for backfill purposes. You can read all about backfill from this recent Explainer article:


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