Preferably, any existing structures get nothing more than cosmetic treatments while the real financial focus is put on his Field/San Jacinto parking lots. But if that were the case, what would be the point of this purchase? I fear that we won't be seeing anything with those lots for quite some time.
I fear the same, but the purchase of the Davis building brings Headington closer to those car park, physically. Eventually he'll want to better-utilize those spaces for the sake of bringing more foot traffic to his other investments on Main and now Elm.
With the Mayflower Building being close to finished, and with The Drever scheduled for next year, I can't imagine those car parks last TOO much longer.