House owners of San Pedro Fish Market and Restaurant, a top-grossing restaurant that after sprawled throughout a wood pier within the Port of Los Angeles, have signed a 49-year lease to rebuild at their historic waterfront residence.
For many years the market was a part of Ports O’Name, a vacationer attraction that was razed in recent times to make method for a regional attraction known as West Harbor that’s now underneath building.
The restaurant constructed a loyal following of shoppers who spent about $30 million a 12 months earlier than the pandemic on its heaping trays of shrimp, lobster and different seafood shared at spare steel tables on the weathered pier.
Members of the Ungaro household, the restaurant’s house owners, deliberate in 2021 to maneuver the operation to a different location within the port however have now dedicated to staying in West Harbor as an anchor tenant.
The restaurant will stand subsequent to the brand new growth’s amusement park, which is able to embody a Ferris wheel that’s anticipated to be as a lot as 50% larger than the Pacific Wheel at Pacific Park amusement middle on the Santa Monica Pier.
San Pedro Fish Market presently is working with cell kitchens in momentary outside quarters within the car parking zone subsequent to its former web site, the place it served 450,000 diners and grossed $16 million final 12 months, Chief Govt Mike Ungaro mentioned.
Earlier than transferring into its new digs, the restaurant will relocate to a different momentary house on part of the West Harbor web site that’s supposed to ultimately maintain a resort. It would function there for about three years, serving as many as 1,600 folks at a time, whereas the market’s everlasting house is constructed.
Finally will probably be one of many largest eating places in america, Ungaro mentioned, spanning 55,000 sq. toes and able to serving 3,000 diners at a time — about the identical capability as its authentic location. Almost 90% of the eating house shall be on an outside patio overlooking the waterfront.
Deliberate options embody occasion areas, non-public eating choices and areas for podcasters and different content material creators to conduct reside broadcasts, Ungaro mentioned. The market has appeared on lists of probably the most Instagrammed eating places within the U.S., with posts usually exhibiting folks tucking into mammoth trays of seafood.
“They’re an establishment in San Pedro,” mentioned Eric Johnson, senior undertaking government for the West Harbor growth. “It’s actually essential that we’ve been in a position to present them a long-term residence.”
The $155-million first section of West Harbor, which is able to embody eating places, bars and retailers, is ready to open late subsequent 12 months. Its builders introduced in October plans to expedite building of the following section, which requires the amusement park, extra meals tenants and an array of out of doors pickleball and padel courts. The everlasting residence for the fish market shall be a part of the second section.
San Pedro Fish Market additionally introduced that it’s going to open a 17,000-square-foot restaurant at Previous Fisherman’s Wharf in Monterey in Northern California in 2026.