Years ago a development was proposed there, IINM, it was apartments and retail, plus something Jesuit-related for the part closest to the school. It may have been a 2008 recession victim. I don't know if what's going on now is a return to the same, or something else. I haven't heard anything about the antique mall (an ex-Safeway, BTW) area being re-developed. The adjacent restaurant (the dearly departed Kel's) hasn't had another tenant since it closed a few years ago.