Yes the block listed is a raised cam location block.
Here are the specs:

TECHNICAL SPECS
Material: 357-T6 Aluminum
Deck Height: 10.725"
Deck Thickness: .600" minimum
Cam Bearings: Stock (can be machined for 60mm)
Camshaft Location: raised +.250"
Lifter Bores: None
Bellhousing: Dual (accomodates stock and GM)
Bore: 4.490" Rough
Maximum Bore: 4.530" Larger possible but engine builder preference
Water Jackets: Expanded for better cooling
Lubrication: Priority main oiling system
Crank Clearance: 4.500"Std 4.750"max stroke (with external oil line)
Main Caps: Nodular (Ductile) Front four caps 4-bolts and crossed bolted
Fuel Pump: OEM mount
Starter: OEM mount
Motor Mounts: Dual (front and side)
Cylinder Head Holes: Blind tapped to prevent leaks
Weight: Approximately 142 lbs.