The Boulevard 57 site has been sold, according to the SFBJ.
13th Floor Investments and Tricera Capital paid $19.5 million for the 2.2 acre site.
The new owners will discard the Boulevard 57 condo plans. Instead, they will build a project with about 300 luxury rental units, and 25,000 square feet of retail.
Corwil Architects is designing the new project, which will top off at around eight stories.
Construction is expected to begin in the first or second quarter of 2018.
boulevard 57, to be discarded: