The Great Miami Restaurant Bubble of 2009
We alluded to the bubble in this column yesterday. Here is a list of many, maybe most, but certainly not all of the mid-to-high end restaurants that have opened over the past 6 months (actually, the majority are fairly expensive). We're leaving out lower end ethnic joints, pizza places, and the like (except for a couple of high-profile low-enders like Bulldog and 8-Ounce). Read into the list as you will. I think it adds up to trouble ahead.
Area 31; Sra. Martinez; Meat Market; 1 Blue at The Regent Bal Harbour; Prime Italian; Bulldog Barbecue; BLT Steak; Naoe; Petit Rouge; I Corsini; Canyon Ranch Grill; Asia de Cuba; Kobe Club; Crazy Pianos; Hakkasan, La Cote, Scarpetta, Gotham, Blade Sushi, Vida and others at the Fontainebleau; Metro Organic Bistro; Gaia Ristorante; Caviar Kaspia; 1116 Loftin's at Casa Casuarina; 5300 Chophouse in Doral; O Bacalhau; Red Steakhouse; Sushi SoBe in the Loews; Balans at Brickell; 660 at The Angler; 8-ounce Burger Bar; Fogo De Chão; Hot Tuna; Angelo & Maxie's Steakhouse; Atchana's East West Kitchen; Racks Italian Bistro & Market; Essensia Restaurant & Lounge; BOCCA Ristorante Italiano; Ocean Prime; Pisces; Brasserie d'Azur at The Astor; Bengal Indian; Rare Steak House; Hed Kandy Lounge; Enso; Joey's; Ratatouille; The Grill At the Alley; Solea at the W; Eos at Viceroy.
Still to come this year:Au Pied de Conchon; Ahnvee Restaurant & Lounge; MIA at Biscayne; The Water Club; Mr. Chow at the W; DB Bistro Moderne...
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