InsideToronto has an in-depth article on the history and future of the proposed John Street cultural hub:
While Weston is in desperate need of revitalization, Nunziata said, the relocation of the Weston GO station to south of Lawrence Avenue created a parking lot surplus for the city-owned Toronto Parking Authority, which created an opportunity for this public-private project.
With the addition of the new UP Express stop at the Weston GO station, there is an opportunity to attract new developers and businesses to the area. But, she said, those businesses need an incentive.
“You need someone to come in with a vision to attract other businesses to the area,” she said, which the cultural hub could do. “Hopefully, that will kick off new businesses along Weston Road and bring in a lot of people to Weston.”