I went there in early Jan 2020 and had no idea the building was about to be redeveloped. I know now that there's been a discussion about the redevelopment as far back as 2006, but I wasn't following this thread until I saw the demolition sign later in 2020.
Interestingly, when this thread originally began in 2006 that was before UT made its migration to the current server/format.
Otherwise, this development site was pretty stagnant for many years and went under the radar. It seems like North Drive acquired it in 2020 so that corresponds with the signage and indicators seen later that year.