Additional Information (if any): This wayspot was removed a couple of days ago. However, it is still there.
You can see it on Google Street View imagery and on Cyclomedia street imagery.
Additionally, I just went outside and took these photos
Scaffolding for the building above to allow for safe pedestrian access.
It’s not so much as “active” construction, as it’s cheaper for the landlord to pay to rent scaffolding and pay the city fines than to pay for the actual building facade repairs. If you look at my linked Cyclomedia historical imagery, you’ll see that it’s been up on this building since 2018.