It's official! The Castro is getting its first gay burlesque-style club. We reported before on the murmurings of a strip club coming to the iconic building that Diesel just vacated at Market and Castro. Well, the investor group that purchased the location just put out a press release on their updated website announcing the club (and restaurant) officially,

An investor group announced that RR-SF, an upscale restaurant and gay burlesque club with a philanthropic approach, is planned for the historic corner of Castro & Market. RR-SF is a socially responsible business designed to support local community organizations by donating a percentage of the proceeds to local groups. The group of investors have undertaken the purchase of the historically significant location at the corner of Market and Castro, formerly inhabited by Diesel, to convert the previously troubled retail space into their flagship venue. After the opening of the San Francisco location, RR-SF plans to expand to several other US cities including, Los Angeles, Chicago, New York and Dallas. “Our aim is to bring an upscale dining and entertainment experience to the Castro and the gay community at large,” said RR-SF spokesman Adam Alberti. “RR-SF seeks to fill a void, offering high caliber burlesque style entertainment in a clean, safe, and high-end environment that will give back to the very community where it is located,” he said. During the day and evening, the restaurant will offer locally sourced and sustainable dining options with designer cocktails and premium wine and liquor. Inspired by the Crazy Horse in Paris, RR-SF will offer tasteful burlesque style entertainment for gay gentlemen, a service currently not offered in the City. RR-SF is embracing a new cashless model that will raise the integrity of the institution, promoting team work rather than competition among employees.  A percentage of money patrons spend will be donated to a community organization of their choice, selected upon entering the club. The philanthropic aspect of RR-SF creates a respectful and socially conscious mindset that will benefit the establishment, clientele and the local community.

Burlesque-style entertainment paints a better visual than "strip club," though, let's not mince words, we're still probably going to be seeing a lot of skin. Probably no more than underwear night at 440 or Booty Call Wednesdays at QBar. Do you think this club will be good for the Castro? Will you go when it opens? (via SFist)