But Where's the Existing Structure?

The building pictured below used to be this, but now it's not. And while I'm the first to admit I know next to nothing about construction, I have to wonder, does this comply with its permit? The displayed permit is for "proposed masonry walls and new concrete foundation to reinforce existing structure." But where is the existing structure? Or rather, where is the previously existing structure?


This space also has two open violations, and at least one unpaid fine of $12,000.

According to records, this building will be a four-story mixed-use building. Up, up, and away!