I live in the 1600 block of Amphion and I haven't heard anything. This sounds doubtful, both in terms of the single-lot (~120-130ft) depth of the fronting lots there and no evidence of a lot consolidation from the real estate activity. I would have heard about it if they were acquiring Amphion lots. There is the townhouse proposal behind OBB south towards the OB/FB intersection, not sure if that's getting mixed in with the rumours. There are some houses along there that could potentially be suitable for redevelopment but 'larger' complex? I think describing something as larger would imply more than a single lot depth development over 3-4 lots. I think the CoV is requiring 'transitional' parking requirement in urban villages which would, I think, necessitate UG parking. It's tough to make parking work in that tight of a space.
I think this is likely to be a mistake.
What does Amphion have to do with this? Isn't the 1600 Block of Fort around where Urban Grocer is?