The lot on SE Ankeny that currently looks like this:

Is slated to someday turn into this:

Five townhomes and one condo will make up Ankeny Row (pdf), an "urban green living" project from design-build company Green Hammer. The buildings are supposed use super energy efficient "passive house" construction and are priced at $581,200 for a three-bedroom street-facing unit. That's definitely a price jump for the neighborhood—the 1912 two-bathroom house directly across the street is assessed at a value of $290,500.

One thing worth noting is that the builders are using the bike-and-walk friendliness of the neighborhood as a major selling point. From their pitch:

The location of the project on an urban infill site in an existing, highly walkable neighborhood, allows a car-free lifestyle to be enjoyed, with all daily needs available by foot, bike, or public transportation. These human-scaled connections to adjoining neighborhoods allow the public realm to be an extension of the living space.