Palos Verdes Source

“Work on the Trader Joe’s store at the Golden Cove Center, approved by the Planning Commission in December 2008, is moving forward.” according to an article in the Peninsula News. This is great news for owners of Palos Verdes real estate. After a couple of false starts, Palos Verdes is finally getting their own Trader Joe’s.

Demolition of the old Golden Lotus Restuarant is to start the beginning of May and construction is scheduled to begin in June. The new Trader Joe’s will be an 11,000 square foot building with 1200 square feet of mezzanine storage. Construction plans have been submitted to the city. It won’t be long now!