You guys are thinking the lot on Central next to the Spaghetti Factory. I'm talking about the lot with the former "cat house" that was demolished a couple years ago. There was a proposal for 5 level multi-family residential with the alley intact and 2 buildings on both sides of the alley. It never went anywhere and the lot was put up for sale. Not sure if the lot sold or if this is the original developer getting tired of sitting on it and deciding to build. But this will just be a low-rise development.
Edit: Quick search. This is the original proposal for the lot:
Image source:
https://www.realtor.com/realestatean...1-72624#photo3