As for my comment, the second image that you are greeted with by the link is a nice little diorama of the suggested plan, and sure enough there are neat little row of unique-but-not-really houses. Here, see for yourself: http://media.npr.org/assets/img/2015/02/12/mueller-26_wide-e...
It's very Austin. It's cute, it's quirky, it's artificial, it's done to attract people looking to move into a "hip" and "liberal" city, all without that troubling bit about socioeconomic or cultural dynamic range.
It'll make a lot of money for the developers, a lot of homes for happy white upper-middle-class folks, and probably be bulldozed in thirty years. Let's just not kid ourselves that it's anything more.