From Percy Wilbur's comments on CHSJ News, it looks like this could be 12-15 stories not including parking...
“We’re in the design stage right now. We are trying to find a grocer or a pharmacy to occupy the street-level commercial retail space. Maybe a financial institution on the lower part of King Street followed by two floors of office/commercial and then nine to twelve stories of apartment buildings and two floors of underground parking,”
Full story,
https://www.country94.ca/2021/06/02/...-king-street/#