Good news, I actually figured it out on my own. In case anyone ever encounters this, here were the steps I took:
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Uninstalled Codeworks entirely
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Reinstalled Codeworks as a “full” installation (the extra few gigs wasn’t a deal-breaker for me)
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Restart
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Enable Gradle instead of Ant [Unchecked]
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I also had “Package as .apk” checked but I doubt that made a difference
All in all it took like 45 minutes to launch the test top-down template, far longer than I recalled it taking in the past, but at least it’s working. I’m guessing something was off in the Codeworks original install, so I would recommend uninstall/reinstall if you come across this post experiencing similar problems.