Grocery Store Selection Process Update

We know the announcement of the new grocery store to replace the Treasure Island Foods location at the Hyde Park Shopping Center is very important to the community, and people would like to hear the news as soon as possible.

 

Through this selection process, we have had conversations with a number of potential tenants,  all of whom have required us to sign confidentiality agreements.

 

We understand there is much speculation, some of which has been contradictory, about the identity of the new grocer.  However, due to our obligations to maintain confidentiality, we cannot provide comments, confirm, or deny any of these speculative statements.  What we can share at this point is that we have not yet entered into a lease with any tenant.

 

In our search for the new tenant, we have been mindful of several guiding principles, including the preferences expressed in the community survey results, expanding grocery options in the neighborhood, and getting a new store open for business as soon as possible.

 

We are working diligently to secure a replacement for Treasure Island, and respectfully ask for a bit more patience until we and the new tenant are able to make a joint public announcement.

 

Thank you for your understanding.