The design is something like that, with freshmen still living on commons, and then you are supposed to live in the same “living learning community” for the rest of your time on campus (although you don’t find out which one it will be until the end of your freshman year).
I think it is part of an attempt by the administration to help strangle greek life, but I don’t think the system will be a real alternative for a long time. Only around ~10% of each class lives in Kissam right now, so people don’t really buy in (i.e. even though there is an effort to make dorm programming a thing people don’t really participate, and kind of just consider it a place to sleep at night, just like towers/branscomb/etc. but nicer/newer). They can’t really make it work until the whole plan is finished, which will probably be another 12-15 years or so.
Another interesting thing that might really affect the campus is this plan to remove most of the streets over by towers/greek row and turn it into sidewalks/grass.