Thanks.Thats correct. The development is made up of 2 parcels and the change only affects parcel #2.
Let's look at what we're losing and what we're gaining here:
"Iconic" retail (whatever the hell that means)
Ground floor retail
I'm not all that bothered about losing the office or the "iconic" retail, but the loss of the hotel and/or condo hurts. Bringing more people downtown should be the key and we're going to lose that potential vibrancy. Maybe if the new ground floor retail becomes a bar or 24 hour diner or something like that, the area can still be vibrant without the condos.