The ongoing saga surrounding developments at Mission and 21st Streets got a new chapter this morning when the SF Business Times reported Gus Murad has unloaded the former Giant Value property to Oyster Development Group. The new owners intend to follow through on Murad's original plan to develop the Giant Value as condos and retail space (a plan Gus has had some trouble with in the past).

Meanwhile, as Curbed notes, Murad still owns the New Mission Theater next door and will be moving forward with plans to revitalize the old girl as an entertainment complex with movies, music and dining options. (In the suburbs they'd just call that a "mall".) Fans of rooftop drinking should know that Murad also still owns the "sky terrace" atop Medjool across the street and the popular nightclub below that is unfortunately still propping it up.

Previously on SFist: What's Up, Medjool?, New Mission Theater and Giant Value Might Fall Back Into Hands of CCSF