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Rumblings & Bumblings: Chevron Digging

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While we're in the area, a reader writes in asking about some action he's spotted at 1198 Valencia: "I noticed the other day that work crews appear to be digging up the long-closed gas station at 23rd and Valencia. Do you know if something's slated to be built there? It's a great site, facing streets on three sides since it goes back to San Jose." We haven't heard anything about this site — anyone? [Curbed Inbox]