Homeowners of the San Pedro Fish Market and Restaurant, a top-grossing restaurant that when 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 Fish Market was a part of Ports O’Name, a vacationer attraction that was razed lately to make approach for a brand new regional attraction referred to as West Harbor that’s now below development.
The restaurant constructed a loyal following of consumers who spent about $30 million a yr 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 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 growth’s amusement park, which is able to 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 Santa Monica Pier.
The Fish Market presently is working with cell kitchens in non permanent out of doors quarters within the car parking zone subsequent to its former web site, the place it served 450,000 diners and grossed $16 million final yr, based on Chief Govt Mike Ungaro.
Earlier than transferring into its new digs, the Fish Market will relocate to a different non permanent house on part of the West Harbor web site that’s supposed to ultimately maintain a lodge. It can function there for about three years, serving 1,600 individuals 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 unique location. Almost 90% of the eating house might be on an outside 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 mentioned. The market has appeared on lists of probably the most Instagrammed eating places within the U.S., with posts usually displaying individuals tucking into mammoth trays of seafood.
“They’re an establishment in San Pedro,” mentioned Eric Johnson, senior challenge government for the West Harbor growth. “It’s actually vital that we’ve been in a position to present them a long-term residence.”
San Pedro Fish Market and Restaurant can have a long-term residence subsequent to the amusement park at West Harbor.
(Studio One Eleven)
The $155-million first part of West Harbor, which is able to embody eating places, bars and retailers, is about to open late subsequent yr. Its builders introduced in October plans to expedite development of the subsequent part, which requires the amusement park, extra meals tenants and an array of outside pickleball and padel courts. The everlasting residence for the Fish Market might be a part of the second part.
The 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.
