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The Alexandria Theater at 18th Ave. and Geary in the Richmond has sat vacant since 2004, but the SF Planning Commission has finally approved the space for a new housing, restaurant and retail space. No word yet on what retail we should expect, but it will also accompany a 211-seat movie theater and an underground parking garage. Elevation Architects is designing the space and they plan to keep many of the art-deco aspects of the building. This sounds like it's going to be good—we'll keep you posted as we learn more. [SF Business Times]