A development project that kind of dropped off our radar reappears via some new renderings today, via Curbed, and dear god it's another enormous hotel and arts center that will help to completely transform the mid-Market corridor.

The project, 950-974 Market Street, sits across from the coming retail center dubbed Market Street Place (between 5th and 6th), and will be a 250-room hotel with 15,000 square feet of new retail and 316 residential units. In deference to the city, which has been trying to create an arts district around this area (and on the same block as The Warfield), 75,000 square feet will be devoted to something called the 950 Center for Arts & Education. The arts center will have its own entrance facing the colorful corner of Turk and Taylor.

The architects are Danish, the Bjarke Ingels Group (BIG).

Developers Group 1 are promising the project will be a number of things: "A new landing at the intersection of the city’s growing art, hospitality and technology sectors • A catalyst for community development and economic growth • A permanent affordable home for the arts and education community • Striking new homes for city dwellers."

They've partnered with S.F.'s Thacher Family, specifically Gladys Thacher, founder of the San Francisco Education Fund, to get the arts center going. Among other things, the center is going to provide new permanent homes for local groups The Magic Theatre, and the Lorraine Hansberry Theatre.

The project joins two more planned hotel towers on the next block up, as well as the planned revamp of the Renoir Hotel at 7th Street at the hands of the Viceroy Group. Brace yourselves.

Anyway, look at the pictures.

[950-974 Market Street]