A new food hall is planned for the Federal Reserve building.
Forthcoming Detroit food hall Fort Street Galley has announced the line up for the 8,600-square-foot space inside the downtown's Federal Reserve Building.
reports that it includes Allenby, a sandwich and small plates restaurant with a Middle Eastern influence by former Selden Standard staff; Isla, a restaurant built around Filipino diaspora cuisine; Lucky’s Noble BBQ, a "healthy barbecue" spot by James Beard Award winner Jimmy Schmidt, who ran the Rattlesnake Club's kitchen until in 2010; Pursue, a Korean-style raw fish restaurant using “seasonal American ingredients.”
Galley's food halls are fashioned after tech incubators and chefs go through a thorough vetting process before they're accepted. Galley pays for most of their build out costs, insurance, and marketing so restaurants can get up and running for as little as $7,500. The concept uses a profit-sharing model where around 30 percent of each restaurant’s revenue is shared with the company. At the end of the first year, chefs decide whether to use their profits to launch a brick and mortar location, keep going at the food hall, or move on from the concept.
Look for the hall to be open by mid-November. When it does start serving, it'll be the city's third food hall to open in Detroit in a year. The Monroe Market in the Greektown Casino and the Detroit Shipping Co. in the Cass Corridor each opened earlier this year.
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