Meat & Wine Co takes Etch space in Sydney's InterContinental Hotel
The Meat & Wine Co will open a new restaurant in the InterContinental Hotel at 117 Macquarie Street in the Sydney CBD.
The international steakhouse group will take the 320-square-metre space previously occupied by Justin North's Etch restaurant.
North's restaurant group, which included the award-winning Becasse restaurant and Etch, collapsed in June last year.
The Meat & Wine Co, which is owned by Food Fund Australia, has taken a five-year lease with a five-year renewal option in a deal negotiated by CBRE’s Leif Olson.
The rental terms have not been disclosed.
The Meat & Wine Co already has a restaurant at Darling Harbour (pictured below) and on Melbourne's Southbank, with a restaurant in Hawthorn East set to open next month.
Olson said location was a key factor in the Macquarie Street lease.
“The opportunity to secure a prominent space within a luxury hotel with close proximity to Circular Quay was central to The Meat & Wine Co’s decision,” Olson said.
The Meat & Wine Co was established in 2000 by two of South Africa's most successful restaurateurs, Costa Tomazos and Bradley Michael.
Michael said the venture represented a new approach for the group.
“The InterContinental site offered us the iconic location we were looking for, however with 140 seats the space will allow us to create a smaller, more intimate model than our 300-plus seat flagship Darling Harbour location,” Michael said.
