It's only been a few months since The Restaurant People opened their beachside, small plates spot called Sun, Surf and Sand, S3 for short, but the owners of YOLO and Tarpon Bend will soon be ready to show their balls. Err, you'll see what we mean.
President Tim Petrillo on August 19 filed paperwork creating Meatball Management LLC and said he and partners Alan Hooper and Peter Bouloukos are developing a concept to put in the space formerly held by Jack Mancini's short-lived M Bar.
Petrillo late Tuesday confirmed "there will be meatballs involved, but I don't know what that looks like.
"It might be a funky casual Italian concept, or it might be a more burger style place with meatballs," he added.
See also: S3: The Scene at the Sea
Steve Halmos, a financial partner in The Restaurant Peoples' many concepts, purchased the building at 1301 E. Las Olas Blvd. in June 2012 for $4.3 million, according to Broward County Property records. Mancini purchased the building for the same price in November 2006. M Bar opened in the summer of 2011 offering fried sweetbreads, pig ears, and curled up fern pods called fiddleheads, but shuttered about a year later.
Petrillo said he didn't even know what the restaurant company paid for the property, but leaped at the opportunity when it became available.
"We saw this opportunity on Las Olas and we said lets go ahead and buy it," he said.
For the moment, they're still developing the concept and Petrillo wouldn't give any confirmation on anything other than meatballs.
"Our concepts aren't based on what we think is going to work, it's the information we gather," he pointed out. "I've opened up places whether I think it's the greatest thing and it dies."
For more follow Zach on Twitter @ZachIsWeird.