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and they seem to have jumped right in on replacing the small building they tore down on the south side of that same block. I don't think it was part of Potrero Launch:
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I found this:
http://www.sanfrancisco.com/realestate/mls365547
And there is some more info/renderings at
http://www.saitowitz.com/ (Portfolio->616 20th Street Restaurant and Residences)