At the May 2nd session of the Toronto and East York Community Council, City Planning submitted this appraisal of the application for the site at 96 Spadina.  The report contains a long list of "Issues to be Resolved" but hopefully they can be addressed without destroying what appears to be a creative solution to heritage preservation.
Read the report here:
www.toronto.ca/legdocs/mmis/2018/te/bgrd/backgroundfile-114370.pdf

This is definitely an imposing structure proposed for the SW corner of Spadina and Adelaide.  But what makes it interesting is the underlying concept, described in their "Planning Rationale" document found via the link on our sidebar.  I have extracted here four pages from that document that demonstrate the architectural approach being taken to preserve not just the facades but the two existing heritage buildings intact.

Another interesting aspect of the proposal is the accomodation for pedestrian movement.  Back in June 2017, the GDNA was invited to a pre-application consultation meeting at which this point was raised by local residents.  Given these plans, the Spadina/Brant/Adelaide/King block promises to be very porous.