The Annex is one of the truly unique areas of Toronto. Running between Bloor St and College St, the area is lined with restaurants and bars, originating from all corners of the globe. The Annex is also home to many students from the University of Toronto, as part of the campus lies within the Annex boundaries. The Annex has started to go through considerable development in recent years, yet, it lags behind other parts of downtown Toronto in this way. Honest Ed’s, an iconic retail store and city landmark will eventually developed into a multi-purpose development in a few years time. Parking in the Annex is mostly surface parking as there are very few underground parking lots in the area. Many residents of the area obtain street parking and many obtain parking behind homes in the area that may have large pad parking areas.