Urbanspace opening 2 restaurants in Rainey Street high-rise

‘Top Chef’ winner tapped to helm kitchens; Hot coals no easy feat within a skyscraper

“Top Chef” winner Gabe Erales will open a restaurant in the Rainey Street district downtown, working with Urbanspace Hospitality.

Urbanspace started as a real estate brokerage in Austin and has continued to grow its divisions, most recently moving into development and the hospitality space. While many may fear jumping into the low-profit-margin restaurant industry — especially in an uncertain economy — Kevin Burns, founder and CEO of Urbanspace, has high hopes for the company’s new effort.

Executive chef and co-owner Erales will be working on two concepts: a two-story, sit-down restaurant called Bacalar and Tomalo, a taco, agua fresca and coffee takeaway window. The two eateries will sit on the ground floor of 44 East Ave, a new condominium tower on the edge of Lady Bird Lake developed by Intracorp Projects Ltd. Flintco is the general contractor and Urbanspace oversees condominium sales.

Burns said the restaurants are slated to open in late spring.

Read the full story at Austin Business Journal »

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