As a part of the new draft downtown master plan, it's being proposed to implement a BRT system downtown, as a part of it's larger BRT plans.
Here are some of the highlights:
For this plan there would be a rapid transit loop that circulates on Queens Avenue, King, Wellington and Ridout Streets. The Kensington Bridge would be closed to vehicular traffic. Buses would be removed from Dundas Street in order to create a pleasant and vibrant space. Richmond Street would be narrowed from 4 lanes to 3 lanes between Queens Avenue and York Street to enhance the pedestrian and retail environment. A "Queens Station" would be built, a new transit square at the intersection of Queen Street and Richmond Street using the existing right of-way.
Entire master downtown plan:
http://sire.london.ca/view.aspx?cabi...s&fileid=99672
Here are some images of the plan:
Downtown Rapid Transit Loop
Richmond Street, looking south from Queens Avenue