We in Wilton Manors have heard this Tryst proposal rumor for at least a year now. New developments in Wilton Manor take a while, sometimes a few years, so it is unlikely that they would even start with any new development even if Johnsons closed and Tryst came up with a concrete plan, which they have not. Several new other developments including a new hotel have been proposed but have gone no where in Wilton Manors. Plus, Tryst bought two properties in Frie Island and is renovating them, the Crown and Anchor in Provincetown and is busy renovating that property, and has also proposed a hotel in Boystown, Chicago (per the Chicago LGBT news). So Tryst is probably not doing anything in Wilton Manors in the near future. Here is the Tryst website: Properties - Tryst Hospitality
Here is the Wilton Manors proposed hotel, which is at least 3 years old and unlikely to be built at this time: Wilton Hotel & Pool Club