CAVA Now Serving Fast Casual Mediterranean in Little Italy
The second coming of 50 Spring Street is more than two years in the making, culminating this month with the official opening of CAVA.
The health-focused, fast-casual Mediterranean restaurant is enormous at 3,100 square-feet. It’s a lofted space with 35 seats, mezzanine dining level, and furnished rear yard.
The Little Italy outpost is the third in New York City for CAVA, and 37th restaurant overall in the stable.
“New York City residents like bold and vibrant flavors, and we love sharing the adventurous cuisine of CAVA with them,” commented CEO, Brett Schulman. “We’re excited to move into a bustling food community like Nolita and are looking forward to satisfying New Yorkers’ cravings for healthy, innovative, and on-the-go 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.
As previously reported, KLM Equities purchased the four-story tenement at 50 Spring 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.