The redevelopment of the property on the southwest corner of Collins & Dunckel is going to be a little bigger than I imagined. It'll be 629k sq ft spread between 6 four floor apartment buildings (453 units), a 90 room three floor hotel and a one floor retail building. It's also worth noting that it looks like every building in the development (except the retail building) will have underground parking. The development will still leave a sizable parcel at the corner open for future development. No renderings yet, but there is a site plan.
More info can be found on pages 6-20 of the 10/27/2016 Planning Commission agenda