This isn't good... that site is one of the few remaining places that a light rail line can be easily shifted from the Parkway corridor to the Byron corridor.
If we had some actual light rail planning in this city we'd have secured the site already or at least assured ourselves of an underground easement. In fact, we should have done it for the site of the Continental. But no, we were too busy playing around for years planning to build a roller coaster line to the south end instead... and now one of the best corridors for integrating high density with light rail will likely pass through our fingers.
There's still Rochester Field, but that route is going to require tunnelling all the way to Cleary.