The minutes from September, 2016 (above) tell the story, as we'd already surmised here:
It looks like the demolition of the old Tommy Lancaster's on Market is underway. Presumably, Gahanesque luxury is on the horizon.
The bids were discussed in February, 2017 (March commission meeting minutes aren't yet available).
Potential incentives, abatements, municipal partnerships and campaign finance courtesy parameters have yet to be announced ... publicly, that is. Here is the satellite view of future luxury: