A permit has been (partially) submitted for a new five-story 368-unit residential project on Evans Avenue between 2nd and Commercial Row. 

I think This is the same project a separate grading permit was filed for, here

This is part of the 'T3' project which will eventually include developing the vacant parcel of land along the river as well. 

The permit reads

APARTMENTS. 5 STORY RESIDENTIAL APARTMENT BUILDING WITH RELATED AMENITY SPACES AND ADJACENT ENCLOSED PUBLIC/PRIVATE PARKING GARAGE, ROOF TERRACE FOR RESIDENTS.

Total Project Square Footage:504700

Number of Units:368

Number of Stories:5

Building Height:50