The State Water Resources Control Board website shows the status of the site as still open but "ELIGIBLE FOR CLOSURE AS OF 4/15/2015". Certain further reviewing and decision-making has been done (as indicated on the Yes, Include Me! website), and the latest step has been the issuance of letters to the adjacent property owners with "60 day public comment notification on closure dated August 14, 2015 ... sent out with comment deadline of October 14, 2015."
Fingers crossed but we might see progress on yet another derelict building in our area before the end of the year.
It is noteworthy that the Electronic Store building immediately adjacent was vacated and cleaned up a few weeks ago. Together these buildings make a neat redevelopment site.