Supervisor DeanPreston announced Wednesday that 555 Fulton Street should soon be under control of a new owner that promises progress on the long-delayed arrival of a Trader Joe’s.
It might be too soon to begin drooling at the prospect of butter chicken with basmati rice, but Trader Joe’s fans in Hayes Valley have reason for renewed hope.
Z&L did not identify the prospective buyer but said when the deal is finalized it “will assume the obligations of the lease and has assured us that they are eager to take the necessary steps to bring in Trader Joe’s as soon as possible.” Preston said he’s met with representatives for Z&L, the prospective buyer, and Trader Joe’s in the weeks leading up to Thursday’s scheduled hearing at the Government Audit and Oversight Committee.
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