Oak Street to go from 4 to 2 lanes?

I recently heared a rumor that Oak Street will be going from a road that is two lanes each way, to a road that is only one lane each way. If this is true, this will be a disaster! How is anyone supposed to make a left turn onto Richmond, Allen or LaCrosse with the traffic coming from the other way in one lane? Do we expect everyone behind them to patiently wait for them to turn? This will be a road of disaster and road rage along with backups! Why do we we need parking along both sides of the street? People can park there now but no one does! The developers are beginning to make a mess out of things!