House owners of San Pedro Fish Market and Restaurant, a top-grossing restaurant that when sprawled throughout a picket pier within the Port of Los Angeles, have signed a 49-year lease to rebuild at their historic waterfront dwelling.
For many years the market was a part of Ports O’Name, a vacationer attraction that was razed in recent times to make approach for a regional attraction known as West Harbor that’s now underneath development.
The restaurant constructed a loyal following of shoppers who spent about $30 million a yr earlier than the pandemic on its heaping trays of shrimp, lobster and different seafood shared at spare metallic tables on the weathered pier.
Members of the Ungaro household, the restaurant’s homeowners, 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 improvement’s amusement park, which can embody a Ferris wheel that’s anticipated to be as a lot as 50% increased than the Pacific Wheel at Pacific Park amusement heart on the Santa Monica Pier.
San Pedro Fish Market at the moment is working with cellular kitchens in short-term out of doors quarters within the parking zone subsequent to its former website, the place it served 450,000 diners and grossed $16 million final yr, Chief Government Mike Ungaro stated.
Earlier than shifting into its new digs, the restaurant will relocate to a different short-term house on part of the West Harbor website that’s supposed to finally maintain a resort. It should function there for about three years, serving as many as 1,600 individuals at a time, whereas the market’s everlasting house is constructed.
Finally it will likely be one of many largest eating places in america, Ungaro stated, spanning 55,000 sq. toes and able to serving 3,000 diners at a time — about the identical capability as its unique location. Almost 90% of the eating house shall be on an out of doors patio overlooking the waterfront.
Deliberate options embody occasion areas, personal eating choices and areas for podcasters and different content material creators to conduct dwell broadcasts, Ungaro stated. The market has appeared on lists of probably the most Instagrammed eating places within the U.S., with posts sometimes exhibiting individuals tucking into mammoth trays of seafood.
“They’re an establishment in San Pedro,” stated Eric Johnson, senior challenge govt for the West Harbor improvement. “It’s actually vital that we’ve been in a position to present them a long-term dwelling.”
San Pedro Fish Market and Restaurant may have a long-term dwelling subsequent to the amusement park at West Harbor.
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The $155-million first section of West Harbor, which can embody eating places, bars and outlets, is ready to open late subsequent yr. Its builders introduced in October plans to expedite development 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 dwelling 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.
