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Wall Street Ripple: No Hotel for Sea Wall Lot 351

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A group of overseas developers have scrapped plans for a seven-story hotel with a five-star restaurant at Sea Wall Lot 351, currently a parking lot next to the Golden Gateway Tennis courts. This latest failure to fund leaves only one planned project for the space: an eight-story condo project. We aren't holding our breath for that one. Hey, bitter yet? Happy Friday! [SF Examiner]