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What's Happening at 2200 Market?

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Rendering for 2200 Market Street (c2009)

From the Curbed Inbox:

Seems they are tearing down the restaurant at 2200 Market. What is going in its place?Back in 2009, the project for a 5-story, 55-foot-tall building with 22 residential units and two commercial units at Market and Sanchez was approved. The new building would require the demo of an existing restaurant, but nothing seemed to be happening for a while. The property remained a restaurant in the meantime (though changing businesses a few times), so we assume there were some financial hold-ups for the development. In July 2012 they finally got the building permits to demo the restaurant and start construction on the new building, so it looks like things are finally moving along.
· Rendering Reveal: Thai Corner Express Residences [Curbed SF]
· Categorical Exemption - 2200 Market Street [SF Planning]