Does Fence Coming Down Mean "Micro-Apartments" Coming to Polk/Dearborn Corner?

A reader writes:

Have not seen this corner fence-less in about 8 years? 

I know there are plans to develop this corner with micro-condos...could it actually be happening? Or did they finally realize that the fence and lot look as horrible as everyone else has been thinking.

Anyone know?

In case you don't know, about a year ago we posted about a "micro-apartment" building that was proposed for this little but high-profile spot.  Not sure this means it's happening, but curious if anyone knows.

(Hat tip:  TR!)