I didn't see the link posted but this is probably a better link.... https://sidewalktoronto.ca/
Toronto is a funny city. Most cities play up their coast line, Toronto gets scummier as you move towards the water, though they are addressing it and its improved a lot over the past 10 years with the condo boom.
I really hope they can do something productive with the land because right now its a big eye sore and its a prime location right in the heart of the city.