Silverstein Properties, in partnership with Global Dining Inc., is debuting a brand new restaurant called Settecento in Downtown Los Angeles, located at 700 W 5th St.
The new 4,000-square-foot restaurant will be situated near the Maguire Gardens, adjacent to the U.S. Bank Tower, according to a recent press release. Settecento will replace Café Pinot, which closed in 2019 after 25 years and will have approximately 52 indoor seats and 200 outdoor seats. The new restaurant is expected to open sometime in early 2023 and will offer traditional local Italian recipes and handmade pasta, wines, and cocktails. Global Dining Inc. currently has two other restaurants in Los Angeles: La Boheme and 1212 Santa Monica.
“We are extremely excited to open our third restaurant in Los Angeles,” said Lucian Tudor, Chief Executive Officer at Global Dining Inc. “This is a very special location at 700 5th Street, where we felt an instant connection to the park and the space, and decided to honor it with our name Settecento – 700 in Italian. We will bring a soul to downtown, and create a place for people to connect with the beautiful garden and celebrate life with exquisite food in this city of tall buildings. We look forward to working with our team members and our partners to bring renewed life and creativity to our local community.”
Global Dining Inc. signed a 15-year lease for this new restaurant, a milestone the company says is crucial to “transform the U.S. Bank Tower and surrounding district into a vibrant cultural center for the downtown Los Angeles community.” Silverstein Properties acquired the U.S. Bank Tower in September 2020 and announced a $60 million capital improvement program in May 2021. The contract with Global Dining is part of Silverstein’s comprehensive place-making effort aimed at improving not only the building but the surrounding neighborhood as well.
“Great food, art, culture, and music are all part of a successful 24/7 mixed-use neighborhood,” said Lisa Silverstein, Vice Chair of Silverstein Properties. “This partnership with Global Dining is an exciting step forward in achieving our vision of a new downtown Los Angeles. Settecento will not just bring high quality authentic Italian food to the Gardens, but a dynamic new experience with outdoor dining and live music to the neighborhood.”
