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Pittsburgh Business Times
Lidia's Pittsburgh picks The Strip
as site of new Italian restaurant
Star of TV show "Lidia's Italian Table" arrives
Tim Schooley
February 4, 2000
STRIP DISTRICT -- After much courting from local
developers, Lidia Bastianich has decided to open a restaurant
here.
The move will bring to Pittsburgh a celebrity
chef, successful restaurateur and host of the nationally syndicated
cooking TV show, "Lidia's Italian Table."
David Wagner, Ms. Bastianich's managing partner,
confirmed that Lidia's Restaurant Group LP has come to terms
with Walnut Capital Partners to open a Lidia's Pittsburgh
at 1400 Smallman St., between Wholey's warehouse building
and the Sen. John Heinz Pittsburgh Regional History Center.
The new location will give Lidia's more than
9,000 square feet. He expects to sign a lease in a few weeks
and open in January 2001.
"The market potential for the location
was the strongest of any we saw in the Pittsburgh area,"
said Mr. Wagner. "The density of the city and the proximity
of the location to our principal customer base made it one
of the most attractive locations."
Currently, the site is a Jarrell & Rhea
wholesale fish location. But Walnut Capital Partners is acquiring
the property in order to build a new 27,000-square-foot mixed-use
property, which could house as many as five tenants.
Todd Reidbord, principal of Walnut Capital,
expects to close on its acquisition of the property soon,
with demolition of the present structure and construction
of the new building to begin in the next 60 days.
Lidia's will be the first restaurant Walnut
Capital will have signed as a developer, with much of its
other business coming in residential real estate and through
its real estate work for Eckerd Drug stores.
"They'll have the ultimate in flexibility
because it's a brand-new space," said Mr. Reidbord. "They'll
be able to do whatever they want."
Walnut Capital's architects will work closely
with Lidia's designer David Rockwell, who Mr. Wagner described
as a top restaurant designer.
The new restaurant's look and feel will borrow
somewhat from Lidia's Kansas City, Ms. Bastianich's first
foray out of New York, where they've established several successful
and critically praised restaurants. Mr. Wagner said Lidia's
Strip District location will feature a 17-foot-wide fireplace.
`heritage and ambience'
With a James Beard Award-winning chef and restaurants that
generate annual sales between $5 million and $8 million, Lidia's
was coveted as a potential marquee tenant in all the city's
major retail developments. That includes Urban Retail Properties'
Market Place at Fifth and Forbes and Forest City Enterprises'
$27 million Bessemer Court project at Station Square. And
among the final contenders in the Pittsburgh market for a
Lidia's Pittsburgh was the South Side Works development on
Carson Street and Continental's Waterfront development just
down the river in Homestead.
But, apparently, none of them could compete
with Walnut Capital's Strip District location, which is within
walking distance of the convention center and Downtown and
offered plenty of parking.
"There's just so much going on down there,"
said Mr. Wagner, noting the new convention center and stadiums
as well as the redevelopment plans for Market Place at Fifth
and Forbes.
Also important in choosing the Strip District
was the neighborhood's historic character and ready supply
of fresh foods.
"The Strip District offers precisely the
heritage and ambience that Lidia looks for when opening a
new restaurant," said Herky Pollock, executive vice president
of CB Richard Ellis/Pittsburgh, who helped to broker the deal.
"Lidia's really excited because she's right across the
street from one of the largest seafood venders in the city,"
said Mr. Wagner, noting the Wholey's facility.
Mr. Wagner said that when Ms. Bastianich met
with Jim Sunseri of Pennsylvania Macaroni Co., they were "just
like two peas in a pod" as they talked about fresh food.
On Lidia's table
Lidia's features Italian "border cuisine," which
also includes Slavic and German influences from the northern
Italian region.
While the menu will change nine times a year,
popular items include spaetzle, frico, a montasio cheese crisp
and three pastas of the day made on site that are served table
side from saute pans by pasta chefs.
Copyright 2000 American City Business
Journals Inc
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