For real? Yes, for real. According to this Live 5 report:

The 43-acre plot of land was once the site of the GARCO industrial plant, that some say was lifeline of the Park Circle community for almost a century.

Developer Beach Company demolished most of the buildings on site, but decided to leave two buildings. One of them is the former mill, which developers may turn into lofts or office space.

The left-over space will be used to build a grocery store, more office space and retail shops. Roads and public utilities will also be built as a way to connect the project to the East Montague retail corridor.

The possible downside? According to the article, it sounds like PC residents won’t have a grocery store for another two years.