The site that Collier purchased isn't large enough to do anything box wise and still get parking he wants. Expect ground floor restaurants and boutiques, if he does anything. Paying nearly $50 per sf for dirt is going to make it very difficult to do anything that isn't 5-6 stories tall and with the step backs we now have, the developer is really squeezed on the site. You need mass on the ground floor to compensate for the loss of square footage going vertical. If he wants self contained parking, it further diminishes the rentable area.
This one is going to take some creativity, flexibility from city and Sharkey, some time, and some serious $$$
Of course, all this is assuming that he cares about a return on investment and not just in adding parking to the area to support the drug store. Seems like a huge price to pay for that though.