^I think the green highlighted structure is the Cole Apartments across Lamar.
And then of course the blue building to the right is the Zach Scott Theatre.
The blue outlined structure I believe is Bridges on the Park.
And you're right, the new development does look like an L shaped building. Or the number 7.
I'm just not seeing this supposed "wall" that will blocking the views/light from Bridges on the Park.
It would be smart of the developer to release some more renderings to show it from a few more angles.
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