Potential Purcell's Cove land redevelopment?

Petition to Save Purcell’s Cove Urban Reserve From Development

Anyone have any more insight into the actual risk that the affected area could be re-zoned for development? Certainly wouldn’t be good news for existing trails, but this could also just be the city planning to make more formal decision to protect the area.

@Lawrence would know best but I do know that large portions of that orange blob are owned by The Nature Conservancy Of Canada and the Nova Scotia Nature Trust, so they won’t be getting developed in any way.