Jeff Ruby's Steakhouse is the moving his iconic steakhouse at 700 Walnut Street to The Foundry development Downtown near Fountain Square.
He'll lease 12,000-square-foot space in the former Fountain Place building once anchored by Macy's, according to a press release.
“Fountain Square is the iconic center of this amazing city,” said Jeff Ruby, founder and Chairman of Jeff Ruby Culinary Entertainment. “It’s where people go to get engaged, where we party after big wins, where we celebrate life. I’m honored that we will be able to add to its legacy and bring joy with world-class dining experiences.”
The Walnut Street space will be converted into an event center, the release notes.
The Cincinnati Center City Development Corp. (3CDC) is redeveloping the site on the corner of Fifth and Vine streets – one of Cincinnati's most visible corners – into a new $51-million mixed-use development.
The steakhouse is slated to open there next year in the space formerly occupied by the Booksellers on Fountain Square at 505 Vine St.
The new Fountain Square location will feature a full-service bar and lounge with an elevated stage for live performances and a circa-1860 Steinway baby grand piano made of 24-karat-gold plated bronze and mother of pearl.
3CDC officials said Jeff Ruby's will be a coveted addition to the Foundry, which they view as an extension of Fountain Square and a central hub for people attending the concerts, events and other activities at the public square in the heart of Downtown.
“The excitement generated at this new flagship Ruby’s location will be the perfect complement to the vibrancy across the street at Fountain Square,'' said Adam Gelter, executive vice president of development for 3CDC.
Jeff Ruby's has eight locations, including the Precinct, Carlo & Johnny's, and other Jeff Ruby steakhouses in Lexington and Nashville. It is the second restaurant to sign a lease at the Foundry.
Royce – a French brasserie featuring charcuterie, pates and other classic French dishes – is set to open later this year just south of Jeff Ruby's spot on the northwest corner of Fifth and Vine streets in the space formerly occupied by Tiffany's.
The restaurants will join office tenants Turner Construction – the general contractor for the Foundry – and Deloitte, which will occupy space on the second floor of the building.
When completed, the Foundry will have 150,000 square feet of Class A office space, including 93,000 square feet of space spread across the second and third floors that is still available for lease.
The building, which will be wrapped in a glass facade, also includes 35,000 square feet of street-level retail space with an expanded sidewalk on the Fifth Street side and a 164-space underground garage already open.