For those who didn't want to spend 47 minutes watching the Design Commission's discussion about this project, the density bonus needed for this project to move forward was granted in an 8 to 1 vote.
It wasn't made clear if the Historic Landmark Commission will still have a say in the approval process. But the Design Commission didn't make a motion for it.
The GDA presentation didn't provide much new building info. But they did show a couple renderings of the streetscape:
http://austintx.swagit.com/play/07242017-860