Here's a brief update, and check out the links under the renderings for more info.
First, a better rendering of the proposed Carey Building renovation:
News Tidbits 6/26: The Carey Building’s Addition, Revealed | Ithacating in Cornell Heights
A new building proposed for the waterfront on Inlet Isle:
Ithaca Builds « 323 Taughannock Boulevard Waterfront Project «
And another new apartment building for Collegetown neighborhood:
More Housing for Collegetown: 327 Eddy | Ithacating in Cornell Heights