New York-based restaurant Philippe by Philippe Chow has signed a 15 year lease to occupy the coveted restaurant space at One Ocean South Beach which was acquired by Robert Rivani’s Black Lion Investment Group in November 2022. With plans to open the flagship outpost in Q2 2024, Abraham Merchant and Richard Cohn are bringing the brand's legacy of sophisticated Beijing-inspired dining to Black Lion’s entire ground floor space at One Ocean in the heart of the South of Fifth neighborhood.
“Landing a legendary restaurant brand with an incredible following is in step with Black Lion’s vision to curate an epicenter for elevated dining and nightlife experiences,” said Robert Rivani. “Philippe by Philippe Chow will deliver a culinary cornerstone unique to the neighborhood and is the perfect fit for its future.”
Philippe by Philippe Chow will occupy 13,500+ square-feet on the corner of South Pointe and Ocean Drive. Attached to multi-million dollar residential condos, the space interiors span 10,000-square-feet with 3,500-square-feet of exteriors. An iconic restaurant for almost two decades, Philippe Chow’s first, and now flagship, location opened in Uptown Manhattan in 2005. Since then, the restaurant remained an undisputed favorite among New York City’s power crowd—including athletes, musicians and film stars—who crave Chef Chow’s interpretation on traditional Chinese cuisine.
Philippe Chow Beijing Chicken - Image via Philippe Chow
Known for his modern, flavorful, and theatrical style, Chef Philippe Chow—the brand’s visionary and namesake—is world-renowned for his lavish, Beijing-style dishes and pioneered the way for fine-dining Chinese cuisine in the U.S.
“The expansion of Philippe Chow to such an iconic location in this taste-making gateway city is a key milestone for the brand both here in the United States and overseas,” says Abraham Merchant, president and CEO of Philippe Chow.
This will be Philippe by Philippe Chow’s southern flagship in the United States, following its Washington DC Wharf outpost opening in April of 2023, along with a downtown Nashville location targeted for a 2024 Q1 opening. In addition to the US expansion, the Middle East expansion continues, in addition to a multi-unit agreement in KSA, a new agreement in Kuwait City has been signed, and discussions are proceeding in Egypt and Dubai.
Philippe Chow NYC Downtown - Image via Philippe Chow
With nearly two decades of storied history, the Chinese eatery is a carefully crafted offering where substance drives notoriety. Meticulously designed signature dishes are infused with the flavor of Chow’s upbringing and made with the freshest ingredients, including the legendary Peking Duck, carved tableside for an unparalleled experience.
Black Lion was represented by Fabio Faerman and Sebastian Faerman with FA Commercial, while Philippe Chow was represented by Jeremy Modest and Ryan Tucker of RIPCO Real Estate.
“We were thrilled to work with Phillipe Chow to support the company’s expansion to South Florida. The Miami market continues to showcase strength and remains an attractive location for world class operators,” said Jeremy Modest, Executive Managing Director at RIPCO Real Estate. Our goal at RIPCO Florida is to help guide the best tenants New York City has to offer down to Florida by focusing on finding excellent locations and the right Landlord’s to partner with which was demonstrated in our work with Philippe Chow.
Specializing in ownership of flagship restaurant properties, Rivani’s vision for Black Lion’s transformative “Restaurant Row” along South Pointe Drive is now complete, with Philippe by Philippe Chow anchoring One Ocean South Beach, Catch Miami Beach opening at the Continuum high-rise this fall, and Marea Condominium’s multi-restaurant space reaching 100% occupancy with Kosushi Miami, a Brazilian-based Michelin Star restaurant; RED, a locals-favorite steakhouse; and a soon-to-be-announced, world-renowned tenant.
Since 2022, Black Lion has secured over $100 million in acquisitions across South Florida with a rapidly expanding portfolio of restaurant/hospitality properties from Miami Beach to Wynwood, Brickell and Downtown – including the space for Gekko by David Grutman x Bad Bunny; Amara at Paraiso with chef Michael Schwartz; Wynwood Jungle with a newly opened Fable rooftop restaurant; the ground floor of Zaha Hadid’s iconic One Thousand Museum; and Delilah at Brickell Bay boardwalk.
Philippe Chow Lobster - Image via Philippe Chow
Philippe Chow Sweet & Sour Halibut - Image via Philippe Chow
Philippe Chow Tuna Tartare - Image via Philippe Chow
Images via @fordofilmz and Philippe by Philippe Chow