The last three years have drastically transformed the area of Market Street between Castro and Church as previously undeveloped lots have seen new luxury rentals and condos rise swiftly out of the ground. Now, one of the last under-developed sites on a prime corner, this one at the top of the hill at Market and Duboce (across from the Linea), looks to be getting a seven-story, 72-unit condo building, according to Socketsite.

The designs for the project were just submitted to the city and are obviously preliminary, but the plan calls for the two-story, historic Spanish facade (where FedEx is now) to remain hugging the corner, with a 50-foot condo building rising behind it, designed by BAR architects. A stepped-down, lower portion of the building would be attached along the Duboce Street side, on top of what is now a parking lot for a law office there.

This is one of the last development sites in the greater neighborhood, and the last one on a busy corner of Market Street — with the exception of the Safeway site, which could, eventually, get developed for residential use as well with a ground-floor grocery store, as the company has done elsewhere with its vast real estate holdings. And of course there's the Petco with its surface parking across the street, which is another likely development opportunity.

We've previously heard about plans for a seven-story residential development on the site of the former Home restaurant at Church and Market, and already underway is the construction of another large development on the former gas station site next door to the Swedish American Hall at Sanchez. That one will contain 87 rental units.

Previously: Home Restaurant Site In Castro Could Maybe Become 7-Story Condo [Updated]