I would say the physical relationship will start, but it will be met with alcohol and doubt at the end of the scene since that seems to be the common theme being used in each arc. The alcohol will be the ice breaker, due to the comparison of all other past events in different arcs, to allow the physical relationship to form. For some reason, L&P thinks that alcohol is the only way to break the ice within each story arc so far, except for Liam.
I know that someday Dylan and Ellie will become physical relationship.
But I think the possibility is extremely low in version 0.195.
As mentioned earlier, Dylan is the main character in this update.
And Dylan needs to do something with “hot college students.”
My guess is that if add Dylan/Ellie's hot scene here, the rendering is lacking.
Unless this developer is doing over 800 renders.
However, I don't think there won't be a small event for Ellie.
However, I think that even if there is one, it should be a very small sub-event.
Again, the best case scenario I can think of for now is "Ellie spies on Dylan and gets jealous, so Ellie starts seeing Dylan as a man."