Nope. I may be foolish to hang on to LRT dreams but Jarvis is fine as it is. Clean that parking lot up and put some benches, some nice pavers and some public art. Could even fit a three storey building beside that blue one on Jarvis. Ground floor retail on the square and some residential above. That alleyway could be cleaned up as well.
https://goo.gl/maps/2fRvtKtYKRUoeTh87