I go by that Tricar property on Ridout quite frequently. I'm patiently waiting for some other information to emerge. The Old South Community Organization has known that a high rise was likely for that property for some time now.
http://www.oscolondon.ca/whats-new/119.htm
OSCO doesn't appear to be against a high rise in that location. While NIMBYism doesn't appear to have any boundaries as to what people will protest, this region has a good quantity of multiple dwelling units. The resistance will hopefully be less than it was in Wortley Village.