For those who want to find out what's going in the neighborhood, check jdland.com. Yes, there's much movement on the development front. It won't happen by the end of the year but it will happen within 2-5 years.
Edit: JDland says "It's starting to be quite a tote board of projects that "could" begin in 2013. Florida Rock residential, the Park Chelsea, the new Yards Parcel N building, Square 701.... Maybe we should start a pool!"