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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

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