Over the past few years, I have been involved with the YongeTOmorrow project on behalf of Walk Toronto. It has been a very interesting and worthwhile experience being part of a stakeholder advisory group. Allied organizations working towards a more exciting and sustainable Yonge Street include Cycle Toronto, 8 80 Cities, and the David Suzuki Foundation.
After several rounds of public consultations and stakeholder meetings, you can now see what the proposed changes to Yonge Street will look like.

Though the selected concept is not perfect, the proposed changes will provide significant improvements to Yonge Street between Queen and College Streets. These include wider sidewalks, patio space, bike facilities, and a pedestrianized zone between Dundas Square and Edward Street, allowing for better circulation, more flexibility for special events, and a more pleasant street.
With more high-rise development on the way (including the redevelopment of the Chelsea Hotel on Gerrard Street), it is only right that more space be given to residents, students, employees, and visitors. Compromises in the plan allow for access to parking garages, permit taxi and other vehicle drop-offs and pick-ups, as well as business deliveries.
I encourage you to have a look and provide your feedback. The online survey is available until September 30.