I haven't been informed much on the topic, but once the Herobrine's Return release has settled down a bit, i'm sure the server will release soon after. The development of the server I've heard is going well, so I am pretty sure you can expect it within the next weeks.
To show my support for this, if needed, I am willing to attempt to develop a few bukkit plugins for the server's utilization.
Thanks for the information. Do you get whitelist by applying or do only people who Hypixel knows get whitelisted?
I have a question... When Hypixel has released the server how hard is he and his team going to work to keep adding things?