[kornbread]

There certainly is no reason why this has to be done one way. Does the site present challenges? Yeah, sure. A fence and dead ends are not them. People are developing along barriers all of the time. The bigger challenge is probably the neighboring lots and what else could become of them (if anything). Is this considered part of "midtown"? I believe there is some work going on for them to define what they want this area to be.

The properties in this little pocket seem like a prime opportunity to develop nice residential; even a destination. A destination for living that can eventually draw businesses that can eventually draw customers that don't live in the neighborhood. Maybe visitors from Breckenridge park, or the children's museum are hungry or thirsty. Maybe a bakery or ice cream shop or noodle or coffee house starts out small and gets a reputation. It's not out of the question to think someone will go 2 blocks to check it out.

That said, Embry's projects have a good reputation and it's difficult to tell from one rendering what the site will really offer. But my first impressions were that it looks like something near 1604.