Based on the property diagram on the rezoning boards up at 401 GNW, it will be the 2 building design as presented to UDP.
There was an open house tonight at CDM to get feedback on the plans for the campus land. The presented documents are available as PDFs on the CoV site:
http://vancouver.ca/home-property-de...thern-way.aspx
Of note, 1933 Fraser is scheduled to be completed in 2016, same year as the new Emily Carr building. Building on the west side of the property is expected to hold off until some sort of conclusion is reached about SkyTrain, but they are planning to bring everything up to the elevation of Great Northern Way.