We asked and poked around, and found out that two permits have been issued for the site: one for the demolition of a 13' x 13' shed on the property, and the other "to erect a new one-story commercial building for a new day care center."
There are conflicting reports on the name of the new place, so we'll wait for confirmation of what daycare will be going in. We're assuming it will be a daycare for kids, but who knows. In any case, we're pretty sure there won't be any requests for 4AM liquor licenses.
Update: DNAinfo reports that ABC&Me daycare will be moving from the Aragon Theater to this site.