The Weekly Dish: Red South Beach signs $5M lease for new space & more

The Weekly Dish: Red South Beach signs $5M lease for new space & more
Peter Vauthy and Red South Beach (Getty) www.therealdeal.com

Ajo y Oregano took over the Latin Cafe Biscayne space in Edgewater

Red South Beach
Red South Beach is moving on from its Washington Avenue location of the last 10 years, but it’s not going too far. Chef and owner Peter Vauthy signed a 10-year, $4.5 million lease for the restaurant space at 801 South Pointe Drive, he told The Real Deal. The new location includes 6,000 square feet of indoor space and 3,000 square feet of outdoor space, a critical component due to the challenges brought on by the coronavirus pandemic, Vauthy said.

Roland Ortiz and Eddy Martinez of Worldwide Properties at One Sotheby’s International Realty represented the restaurant in the new lease. Wolfgang Herz of Fortune International Realty represented the landlord.

Vauthy, a South-of-Fifth resident, said he also brought on a new partner, Aaron Hammer. He plans to open the new location as soon as the city gives the OK, and plans to roll out a new champagne brunch. The restaurant Mira previously occupied the space.

Old Greg’s Pizza
Pizza pop-up Old Greg’s, with a cult following on Instagram, is closing at the end of the month. The pizzeria announced on social media that it’s looking for a new home, and thanked its team and restaurateur Brad Kilgore. Old Greg’s has been operating out of Kilgore’s Kaido space in the Miami Design District.

Cuba Libre Restaurant & Rum Bar
Philadelphia-based restaurant group Cuba Libre Restaurant & Rum Bar delayed the opening of its second Florida location in Fort Lauderdale to early 2021.

 Read the full story:  www.therealdeal.com

 

The California Wine Club is a wine club co-founded in 1990 by Bruce and Pam Boring in Ventura, California and is considered one of the largest mail-order wine businesses in the United States.

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