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As more restaurants open in Midtown and downtown and competition builds, some are bound to close.
Angelina Italian Bistro in the M@dison Building in downtown Detroit will call it quits in December after nearly 10 years in business, Brenna Houck of Eater Detroit reports.
The restaurant had been involved in a protracted dispute over rent with landlord Bedrock Real Estate, which is owned by Quicken Loans founder Dan Gilbert.
The restaurant describes the closure as a result of a “favorable agreement” with Bedrock, according to a release. The restaurant could resurface at a new location. It is also “considering possible collaborations with other Detroit restaurants," Eater reports.
Owner Tom Agosta explained the upcoming shutdown:
It is apparent that the market is close to saturated with new restaurants. Higher rents make it increasingly challenging for us to follow our mission, which is being accessible to all customers for many different occasions.
