Idiot resident here. Lots of stuff to clear up. It's not being turned into a surface parking lot although it looks like the TPA will buy it. They will be landlords to the businesses there. The proposed development had many different problems with it that were never solved through the consultation process. In some ways the project was doomed from the start, the flanking street; Pretoria, is the only two way access for all residents to the west. The project sat right at the bottle neck for all vehicle access. On top of that Pretoria is the main pedestrian route to the grade school while the project aimed to expand the number of vehicles crossing that sidewalk including a garbage truck. Access from Broadview was impossible because the width of the property, the location of TTC stop and proximity to intersection. The mid-rise guidelines are for 20m height, the project was 25m. It also relied exclusively on vehicle elevators for access to parking garage which are not common. There was no parking available for the ground floor retail, street parking is challenging given the short length/width of Pretoria. The point is there was extensive community consultation, the policies didn't apply very well to the specific location and solutions weren't forthcoming. The TPA will hold it and eventually it will need to be aggregated with the property to the north for redevelopment.