This is what we were told, as well. The rear laneway is owned by Rekai, but used by Honda. It sounded like the parties couldn't reach an agreement and Rekai didn't want a fight to lead to further delay. As such, the entire boulevard along Cherry (including a lane of traffic) will be closed and used for construction staging -- all the trucks will pull in along this route. This is why the trees are being chopped down.
It's not an ideal situation, as it requires the sidewalk to be fully closed and the remaining traffic lanes to be reconfigured. I'm not sure what Rekai's backup plan might have been, but they gathered community support. We will obviously push them to restore the public realm as much as possible.