After years of tough conditions, a popular food hall in one of San Francisco's roughest neighborhoods is switching up its business strategy.
SAN FRANCISCO -- La Cocina Marketplace, a large food hall in San Francisco's Tenderloin District which supports seven small businesses, announced that financial losses have become too great to continue.
The food hall will close to the public and then become a shared commercial kitchen starting Sept. 1. La Cocina said the financial losses were too great. Businesses are still at around 30 percent to 50 percent of their pre-pandemic sales due to remote office work and inflation. Open-air drug dealing and crime nearby have made things worse.
"I mean there was one Saturday, I was sitting right at that window, all the things were rolled down and I could hear the shooting from outside," she said. "I'm so sad," he said."This space had been such a welcome to the neighborhood and I'd always hoped that it was going to be anchor for helping to turn around the neighborhood. We obviously have so much more work that we have to do.
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