UPDATE 05/2006 - Wow BCN Development is taking their time on this one. The building has gone back to the drawing board to get a more historic look smiliar to Riverside and Mapes. As Martha would say, that's a good thing! Click here to read.
UPDATE: Some kind of ground work has begun on this project! Could it be they are starting early?

Construction slated to begin spring of this year, as the Palladio wraps up framing construction. Not much is known about this project, except it will feature retail on the bottom floor, condos on remaining floors with built-in parking garage much like Palladio. It will be built next to existing Riverside Artist Lofts along the river. This will be developed by BCN Development, the same company constructing the Palladio. The color theming will complement the Riverside Artist Lofts. The bottom floors in the initial concept have brick veneer/siding to complement the Riverside Artist Lofts.