Signs just went up on site. This is currently a crappy convenience store.
I'm going to play it safe and assume this is all just a series of pretty pictures aimed at enticing an investor to buy the entire site and develop it. I do not think the current owner has true development intentions. But maybe I'm just a pessimist.
http://corktowns.ca/#!/home
I think the concept is great and I hope they prove my pessimism wrong. The only thing that doesn't excite me is the front parking, but all in all this is in line with the neighbourhood scale.
This google streetview image approximates the current state of this corner (the proposed development will face to the left in this view):
EDIT: the images from their site appear to not be working. Here are some I pulled from their PDF brochure:
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