Yeah, a group of doctors bought it a while back, cleaned the property up a little, the rendering posted above was circulated, and that's it. I suppose anything new getting built depends on market demand and financing.
I really hope this group of doctors brought an experienced developer onto the team. From what I have seen, medical professionals who have accrued quite a bit of capital like to play the "real estate game" for fun and then overpay for almost everything and end up losing in the end.