‘CAVA’ Readies Fast Casual Mediterranean Outpost at New 50 Spring Street Development

Posted on: June 9th, 2017 at 5:00 am by

The second coming of 50 Spring Street is nigh. Down came the pre-war tenement one year ago. In its place, this two story brick box, and a big-time commercial occupant.

Word on the street is that fast-growing CAVA is on deck to open a new outpost here. The fast-casual restaurant – second in Manhattan for the brand behind the Union Square location – specializes in Greek Mediterranean cuisine.

The company began life eleven years ago in Washington, D.C. as Cava Mezze, and is amidst a sizable growth spurt. Meaning, aggressive expansion. It has since raised upwards of $96 million in venture capital funding, according to Chief Executive Brett Schulman. CAVA is reportedly on track for an additional 20 restaurants in 2017, bringing the nationwide total to over 40.

We started in DC with three Greek friends who wanted to share the thoughtful ingredients and bold Mediterranean flavors they grew up loving — so that’s exactly what they did. Now you can find our fast-casual restaurants full to the brim with all the bright, craveable ingredients you need to build a meal that fits your food-style, cravings, and appetite. Want to bring your own inspired recipes to life? Our chef-crafted line of dips + spreads are waiting for you on the shelves of Whole Foods and specialty markets nationwide.

The imminent appearance of CAVA is probably not welcomed by the popular local chain Taim, which is located catty-corner from 50 Spring Street.

KLM Equities purchased the four-story tenement predecessor in August 2015 for $13.7 million. The buyer of record is a real estate development and management firm that owns several downtown properties in the vicinity.

Recent Stories

About that Mammoth Matador Mural on Allen Street

Muralist Conor Harrington returned to the Lower East Side two weeks ago to impart one of the larger murals in the neighborhood. The five-story artwork, located on the Allen Street facade of 266 Broome – outside the Emma Peel Room – is striking and hard to miss. What appears to be a matador in stance […]

Justin Theroux Really Wants You to Know his Chrystie Street Bar is the ‘Diviest’ New Dive

Actor Justin Theroux and other nighlife impresarios opened Ray’s on Chrystie Street last week, taking the space previously occupied by Le Turtle. Best part about the arrival was receiving a thousand-word, ipso-facto media advisory explaining how the establishment is the “Lower East Side’s diviest new dive bar.” Here are some choice bytes: Ray’s joins New […]

After a Century on the Bowery, Faerman Cash Registers is Cashing out

brief documentary At one point in the mid-twentieth century, the Bowery boasted several cash register stores; soon, though, the count could be down to one. In operation for over a century, the iconic Faerman Cash Register Company is about to depart. The business recently put its building at 159 Bowery up for sale, and there […]

Taco Mix Opens Lower East Side Restaurant on Delancey Street

Taco Mix just launched its newest city outpost. Headquartered on Delancey Street, the fast casual establishment is a year in the making, and began serving last week. Founded on 116th Street in 1991, Taco Mix is known for its al pastor tacos, and considered by many as one of the city’s best. The Spanish Harlem-based […]

Street Artist Fixes ‘27 Club’ Mural on Rivington Street

Friends don’t let friends have their murals tagged without recourse. For the “27 Club” piece on Rivington Street, it meant Hektad to the rescue. You’ll recall that earlier this month, a group of no-name taggers scrawled over the headshots painted by Eduardo Kobra. This action prompted a response letter from the community about how amateur […]