while this is merely a "non-paper" (meaning it lacks legal status) it is interesting and will not likely make the mainstream press in any meaningful way. but the mere fact that israel and syria have been meeting in secret for a few years to negotiate a new territory treaty while those between israel and the palestinians have unraveled repeatedly even before they were announced as dead is of note. if you click on the above link take a look at the map of the proposed parkway...it's huge, the entire golan heights. and it would be accessible to both syrians and israelis. read the article and you will see that, as of now, if all terms are met the syrians would disavow hezbollah (syria is the prime military and political backer of that terrorist organization).
will it actually come to pass? probably not. nothing ever really does in that part of the world. too many extreme factions within all governments that proclude any real attempt at peace. but this one is a new twist between two countries historically turned against one another.