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Old Posted Nov 30, 2021, 9:54 PM
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sentinel sentinel is online now
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Join Date: Oct 2004
Location: Monterey CA
Posts: 4,215
Quote:
Originally Posted by bnk View Post
A rather big loss on the restuarant front for St. Regis


https://chicago.eater.com/2021/11/30...an-development
As stated in the article:

"A memo sent to the building’s investors on Tuesday from Magellan Development Group states that Alinea’s decision was “due to the impacts of COVID on staffing shortages and supply chain issues” and that the group has “determined that now is not the right time for them to take on the project.” Instead, the company will focus attention on its three restaurants and two bars — Alinea, Next Restaurant, Roister, Aviary, and the Office..

...In April 2020, Alinea confirmed the New York outposts of the Aviary and the Office would not reopen inside the Mandarin Oriental Hotel. Kokonas told Eater NY that the closure wasn’t pandemic related."

It's a blow for sure, but Magellan will not let this prime restaurant location sit vacant. They will undoubtedly find another restaurant partner, it's just a matter of how quickly.
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