I'd pull the love seat and sofa away from the wall... The front legs on the rug (if it's tight, you may need a large rug). Will feel cozier and create a more intimate conversation area.

Your coffee table seems small as well, but may be ok if sofas are closer.

Your room is large, the sofa/love seat/wood storage piece seem large, ceilings are high. Picture over the sofa needs to be huge...2 - 3 times larger, and coffee table needs to be 2 - 3 times larger, but simple-lined metal with clear glass top.
Add some more-updated pieces, i.e. coffee table, maybe end tables with lamps, and keep all other accessories simple.
You'll end up with an updated, cleaner-lined room with great charm.

Just took a good look at your mantle. I suggest replacing small decorative items with clear or solid-colored vases at least 12" tall, filled with tall (2-1/2 - 3") sticks or greenery on each end of mantle. Your large room with high ceilings calls for large-scale accessories. Play up that magnificent size!!!

(Oops! Make that 2-1/2 - 3 foot tall sticks......etc.!)

Thank you for all the responses. I should have been more specific. Everything is going and we will be going for an updated look. We for sure are repainting amore neutral cream/warm color. So far we only have the dark brown leather furniture to fill the room. It is a standard set with sofa love seat chair and ottoman. Those all do not have to be used though.

Beautiful room! Since you will start with a clean slate, I would first choose a rug or painting and base your choices on that.

Inspiration piece first - doesn't need to be big....just charming to you. Maybe a rug, or art work, or something in your things that makes you happy, etc. our current bathrooms remodel was inspired by porcelain knobs - 1 cayenne red, the other carribean blue. Used those SW paint colors as accent wall in each. Shopping for area rugs gives you a wide color palette - use the bigger color blocks as inspiration (not a tiny gold fleck you don't see 5 feet away). Current living room was inspired by marvelous large batik so fine it looks like watercolor. Search Houzz for rooms you like or maybe a rug... Oh be sure to gather all your first ideas together so you can begin to see how they work together. Paint color last - there's enough options to work with your collection.

Okay, so not just updated but it seems as though you are also trying to warm up the space. Right now you have a lot of cool going on. I have to first say that the window is absolutely gorgeous. If you are going beige, I'm thinking a brown trim around the windows would be really pretty as well as painting the fireplace brown. Leave the white inner frames and the white on the FP.

Are you keeping the rug? It would still go with the brown furniture and warmer tones but it does clash a bit with the yellower floors. As mentioned above, look around for a rug that you really love because it is going to be where you pull your colors from. That will help you to decide what to do next.

I looked at your family room ideabook. The first pic was very nice. I have one in my ideabook that you might like. There are two photos.

This look and the colors would look wonderful with all your windows!

Here are some updated furniture suggestions that will give your living room a fresh look.

[https://www.houzz.com/products/layla-bolster-bench-prvw-vr~19884198?lid=9007732[(https://www.houzz.com/products/layla-bolster-bench-prvw-vr~19884198?lid=9007732)

[https://www.houzz.com/products/bethany-roll-arm-bench-ivory-prvw-vr~25363113?lid=13080830[(https://www.houzz.com/products/bethany-roll-arm-bench-ivory-prvw-vr~25363113?lid=13080830)

Keeping the brown leather furniture in mind, I would make the fireplace and windows the feature wall of the room by painting all the muntins brown and the fireplace surround brown also.

Try a deep robin's egg blue on the walls... BM Stratton Blue.

Keep the rug simple with just hints of the colors in the room.

Great suggestions! Thank you all so much. I will post photos as soon as we start.

Something like this...

Or like this...

What do you guys think? Any furniture or décor ideas?

I have a blog post that may help you out.

http://timothyriversinteriors.com/2015/05/30/how-to-design-a-living-room-that-architectural-digest-would-photograph/

Happy Designing!