What will become of access to US Bank on the southeastern corner of East Oak Grove and Townsend?

US Bank is currently accessed from two points on East Oak Grove Road (one in and one out), a two-way access from Townsend Avenue, and an access from the existing Woodgate Road across an abandoned parking lot. The project plans to leave the three access points to Townsend Avenue and East Oak Grove Road unchanged. Access from Woodgate will be eliminated.

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1. I understand that the existing intersection of Townsend Avenue and Woodgate Road will be closed. What is the reasoning behind this? How will people get from Townsend Avenue over to Woodgate Road?
2. What will become of access to US Bank on the southeastern corner of East Oak Grove and Townsend?
3. I see the plan overview calls for a future roundabout at the intersection of Woodgate and East Oak Grove Roads. Why isn’t this being built now with the road project?
4. I heard the City purchased a house on the southeast corner of the future East Oak Grove/Woodgate intersection. What is the plan here?