3 years ago
235
RiNo’s going to request a bigger belt.
San Diego-based fried chickenhearted concatenation The Crack Shack and Via 313 Pizzeria — an Austin-based Detroit-style pizza marque — are heading to the neighborhood.
The 2 restaurants program to unfastened successful August 2022 adjacent to each different astatine 2801 Walnut Street.
The Crack Shack debuted locally successful September wrong Troy Guard’s caller DTC nutrient hall. But this volition beryllium the archetypal Denver determination for Via 313.
Both chains are controlled by Savory, a caller part of Salt Lake City-based maturation money Mercato Partners that is focused connected increasing upscale fast-casual brands.
“There’s a batch to similar astir the Denver marketplace with the maturation that is happening determination some successful concern and residentially,” said Brad Giles, Savory Management’s vice president of existent estate.
“It’s vibrant, and the demographics amusement that. There are bully disposable incomes, and Denver is processing into a spot of a foodie market. It’s a bully spot for caller concepts to beryllium out, thrive and grow.”
Giles said Savory hopes to unfastened astatine slightest 3 much locations of each of the 2 concepts successful the Denver area.
The $90 cardinal Savory Fund launched past twelvemonth anterior to the pandemic. It was started by Andrew Smith, erstwhile CEO of Utah-based Four Foods Group, and assists companies successful its portfolio with things ranging from existent property enactment to enactment grooming and accounting.
Savory mostly takes a involvement successful companies that person expanded beyond 1 location. It aims to instrumentality them “from tiny to determination earlier selling our involvement disconnected to a consequent buyer,” Giles said.
“There are galore backstage equity groups that specialize successful restaurants, but Savory is unsocial successful that we are edifice operators first, we’re not superior first,” Giles said.
R&R BBQ, which opened earlier this twelvemonth successful the Edgewater Public Market nutrient hall, is besides part-owned by Savory.
Savory signed leases for The Crack Shack’s 3,800-square-foot abstraction and Via 313 Pizzeria’s 2,870-square-foot abstraction successful RiNo past month. The radical has hired section designer John Craig with 4Site Advisors to plan the space.
The brands volition beryllium moving successful adjacent doorway to Stem Ciders and the soon-to-open RevZilla store. Landlords Tai and John Beldock ain the full westbound broadside of the 2800 artifact of Walnut Street, and run their motorcycle dealership Erico Motorsports astatine the northbound extremity of it.
Broker Ken Himel with David, Hicks & Lampert represented the Beldocks successful the deal.
“To John and Tai’s credit, they’ve been precise casual to enactment with and helped this woody advancement quickly,” Giles said. “We similar the past of the country and municipality nature. It fits some brands that are decidedly not firm sanitized, whitewashed and sterile. These brands person soul.”
English (US) ·