Lebanon Businessnews News

New hospitality village in Dbayeh
Concept owned by co-founder of Republic restaurant
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An F&B and hospitality ‘village’ is slated for Dbayeh. The concept, whose name has not yet been revealed, is owned by Vincent Farajian, co-founder and former CEO of the Republic restaurant chain.

The 1,900 square meter complex will be built in two phases. The first will consist of five units, a tower and clock on a built-up area of 700 m2. It is expected to be ready by the end of 2015. Works will start in few months.

The second phase, which will add rooftop lounges, is expected in 2016, said Farajian. It has courtyard architecture with large garden spaces, fountains, and landscaped areas.

Investment in the project is around $1.6 million. “We believe Dbayeh will be the place to be, the new nightlife spot, especially with the launch of Majid Al Futtaim’s Waterfront City,” he said. The complex is only a few meters away from Venture Holding’s restaurant cluster.

“We are considering other similar outlets as soon as the first one kicks off successfully,” he said.

Dbayeh and Antelias have been emerging as a new hospitality destination. The area has attracted many names, including Cappuccino Grand Café, Keif, the restaurants complex Blueberry Square and many others.
Reported by Rana Freifer
Date Posted: Mar 04, 2015
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