Dining News: Restauranteur Wonders If There Be Enough Demand for New Downtown Restaurants
March 23, 2015
The new Kings arena has caused a building boom downtown, and I can think of 15 planned restaurants, bars or cafes off the top of my head. But if you build it, will they come?
Randy Paragary, perhaps Sacramento's most successful restauranteur, seems at least a little worried, via an interview with Chris Macias in the Sac Bee.
It’s a good question of what the future will be like when there’s 10, 20, 30 more restaurants opening in the downtown area. There’s a thing called supply and demand. There’s a demand out there of people who want to go out to eat, and we have our supply. Is that demand going to increase as we build these 20, 30 more restaurants downtown? I hope so.
As far as I can tell, there's no massive expansion in office space or full time residential living (yet) coming with the arena. There will be new hotels, but a look around where the Sheraton or Embassy Suites is doesn't seem to show that a hotel itself can anchor a restaurant row. I guess time will tell.
In the very newsy article, Chris Macias also reports:
- Paragary's Bar & Oven will now be called just Paragary's
- Scott Ostrander will move from Esquire Grill to be the head chef at Paragary's
- Centro was declining, but changes to the management team and menu have sales up 25 to 30%
Read the entire story in the Sac Bee.
Paragary's is expected to open in May, and will be located at 28th & N streets.
* Art above is an artist rendering provided by Paragary's.
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