I wonder if Lincoln Properties has thought of this?

From today's WSJ, on the fate of San Francisco's historic Armory and Arsenal building:

Over the years, developers suggested turning the 1914 building, which is a mile from City Hall on the edge of the Mission District, into a church, storage space or an apartment complex.  But proposals kept getting shot down, many of them falling victim to the City's powerful Planning Department and a thicket of zoning rules.  Developers joked that the 200,000-square-foot Armory, which is on the National Register of Historic Places, was cursed.

It turns out there was an easy way to preserve the Armory that doesn't run afoul of San Francisco's planners:  make pornography there.  In December, Peter Acworth, chief executive of the Internet porn company Kink.com, bought the landmark building for $14.5 million.  Last week, Kink began shooting bondage films at the site, and the Planning Department doesn't have a problem with that.

Mr. Acworth says city officials were especially pleased that he planned to use the Armory as is, without making big changes to its interior.  That way, he didn't have to go before San Francisco's Landmarks Board for approval.  In fact, the building's very details -- the dungeon-like boiler room shadowy rifle range and wet basement -- appealed to Mr. Acworth.

Note that the Armory is roughly the size of a Wal-Mart Supercenter.