The only media coverage I've seen about this project is this article on KWQC.com, which probably means they also mentioned it on a news broadcast. I don't know a whole lot about the project, but its one more piece of progress for downtown Davenport.
I do know that the project is being done by The Alexander Company, which also did my former home the Crescent Lofts, along with the Sieg Iron lofts on 4th Street. This building completes the 3rd side of a square of buildings surrounding the parking lot that used to be owned by TriCity Electric. It will be interesting to see what kind of landscaping they do with it. The above article mentioned that it will have 18 units, and the Assessor's site hasn't yet been updated with any permits pulled for this project.