^^not entirely correct. the lot extends from 123st west to the alleyway. Alleyway west to 124st is commercial building with attendant parking and is not part of this; it's like saying the Mercury Block is on 124.
edit. strangely enough, while the Oliver CL was quite adamant that this lot be zone restricted to 6 stories, over on 121 st. the zoning allows mid and high rises. Current thought is 121st will be permanently closed from 102ave north to 104ave and turned into a linear park extending existing Paul Kane park.