The Wave sculpture and the surrounding plaza area will be overhauled over the next few months.
Here is a story from the CBC: http://www.cbc.ca/news/canada/nova-s...storation.html
The WDCL has an illustration of the refurbishment but it's huge so here's a link: http://my-waterfront.ca/cms/wp-conte...g-Sketch-1.jpg
Looks like they're only dealing with the eastern half of the space for now. The wooden boards will be more consistent with the rest of the waterfront than the concrete pavement.
Hopefully they'll follow through with the Cable Wharf overhaul soon as well.