I don't know if this is true but it's what I heard from a very well placed source yesterday afternoon.
Westdale, who recently bought 3 residential properties from Henry S. Miller has decided to NOT develop the 3200 block of Elm/Main where The Door used to be.
As most of you know in this area, those buildings were torn down a few weeks ago and many have been speculating that it would be developed into a quasi West Village complex.
Now, however, that Westdale owns pretty much all the residence lofts in this area, as of yesterday (supposedly) they have decided to make that block into parking to accommodate the tenants.
I can't speak for the other buildings, but for Continental Lofts which has 61 units - almost 40 parking spaces in the back secured area were commandeered by DART for the light rail tracks. Right now, it is challenging to find parking on the streets especially when Sons of Herman Hall has an event going on and the fact that there's to be no parking in front of CL on M-F from 7a - 9a to keep the DART bus stop clear.
It will be interesting to see how this progresses.