October 2022 Digtial Issue
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Riley's Seafood Tower<br />
H MERENDA<br />
This year marks the company’s 20th<br />
anniversary. With that, GRG has plans to<br />
open its first-ever Black+Blue concept at<br />
the Exchange Tower in Toronto’s Financial<br />
District. The iconic steakhouse was also the<br />
recipient of Tripadvisor’s 2021 Travellers’<br />
Choice Award for Top 10 per cent of<br />
Restaurants Worldwide.<br />
“We secured the best location in Toronto,”<br />
says Yacoub. “It was the heartbeat of the<br />
Financial District in Toronto. There were a lot<br />
of people competing for the space, but many<br />
of them pulled out when COVID hit. I still<br />
went for it because the city is my home and<br />
I’ve been wanting to come back to Toronto for<br />
the last 10 years.”<br />
Slated to open in March 2023, Black+Blue<br />
Toronto will occupy roughly 9,000 sq. ft., plus<br />
a 2,000-sq.-ft. garden. Its interior has been<br />
outfitted by Navigate Design, led by Ken Lam,<br />
co-founder and principal designer. When<br />
asked about the restaurant’s atmosphere,<br />
Yacoub says it’s one where people can envision<br />
“Frank Sinatra sitting in a booth, sipping a<br />
martini and smoking a cigar.”<br />
The 220-seat restaurant will be helmed by<br />
executive chef Morgan Bellis, who’s currently<br />
in Vancouver working on menu development,<br />
Black+Blue Vancouver<br />
with plans to move back to Toronto in either<br />
November or December to prepare for the<br />
opening. Black+Blue is one of few restaurants<br />
that offer certified Japanese Kobe beef rib eye<br />
and striploin. Other standout items include<br />
Japanese A5 Wagyu Rib Eye ($27 per ounce),<br />
striploin ($29 per ounce) or tenderloin ($35<br />
Riley's<br />
per ounce), chilled seafood platter ($200),<br />
Beef Wellington ($58); coq au vin ($36) and<br />
Ahi tuna tataki ($21).<br />
Fortunately, Yacoub says he hasn’t had a hard<br />
time hiring staff for the new location. With<br />
the pandemic prompting more conversations<br />
about the nature of restaurant work, Yacoub says<br />
maintaining a work-life balance is key.<br />
“When I interviewed managers in Toronto,<br />
every single one of them said they average<br />
between 70 to 90 hours per week,” says<br />
Yacoub. “For us, my maximum expectation<br />
for managers is 50 hours. They were shocked<br />
when I told them that.”<br />
Yacoub has ambitious goals for the future.<br />
By the end of 2024, he hopes to hit $100<br />
million in sales. By 2028, the goal is to hit<br />
$200 million. “I’m hoping that once things<br />
work out for us in Toronto, we can start to<br />
bring in other concepts because the market<br />
will appreciate it.” FH<br />
FOODSERVICEANDHOSPITALITY.COM<br />
OCTOBER <strong>2022</strong> FOODSERVICE AND HOSPITALITY 39