DOWNTOWN LOS ANGELES - Last July, Downtown saw the debut of one of its largest restaurants: The $4 million Towne Food & Drink opened on the ground floor of the Watermarke tower in South Park. Now, just eight months, later, there’s a shake-up that has shuttered the 7,000-square-foot establishment.
A sign outside the 200-seat space at 705 W. Ninth St. states that Towne is closed for “renovations.” Eric Anderson, the general manager, said Towne stopped serving on Saturday, March 9. He said the restaurant will reopen in about two months under new ownership, with a new name, a new chef and a yet-to-be determined food concept.
Anderson would not reveal the name of the new proprietor, saying that a business agreement with the owners of the Watermarke Tower, which has a stake in the restaurant, has not been signed. Towne was opened by Armen Shirvanian, who in 1989 had opened Mi Piace in Pasadena; he sold his stake in November, Anderson said.
The restaurant with the brown hardwood floors, high-backed red booths and 16-foot ceilings focused on American-style cuisine with a modern spin. For example, the Pigs in a Blanket was basically a hot dog, but with a lobster sausage substituted for a beef or pork frank.
©Los Angeles Downtown News.