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Chiofaro Moves The Palm Restaurant to International Place

Palm Boston Moving to International Place

Famed fine-dining steakhouse to launch new design in office tower upgrade plan

BOSTON – April, 2012 (BUSINESS WIRE)

The Chiofaro Company and The Palm Restaurant today announced the relocation of Palm Boston to International Place, a site that plants the famed fine-dining establishment in the downtown Waterfront Business District and the gateway to the blossoming Rose Fitzgerald Kennedy Greenway.

One International Place Boston - The Palm Restaurant

Photo Credit:  ronneisaini

The new Palm Boston, which is relocating from its former Copley Back Bay site, will be dramatically redesigned and constructed in the lobby of One International Place.

Stunning in its new design, The Palm Boston will become a model for future worldwide Palm locations. With 8,300 sq. ft. and seating for more than 300 patrons, it will be considerably larger than the previous venue, and will feature private dining facilities and an outdoor dining deck overlooking the Evelyn Moakley Bridge, Greenway and entrance to the Seaport District.

“This is absolutely the best location in the city for the new Palm Boston,” said John Bettin, Chief Executive Officer of the Palm Restaurant Group. “It offers all that we look for when making location decisions, excitement, dramatic views, access to the business district and tourist areas, modernity and sophistication. We couldn’t be happier that this opportunity presented itself and our loyal Boston-area clientele will be thrilled when they experience their new Palm.”

The new Palm Boston is expected to open in the first quarter of 2013.

“We’ve held functions in that area of the lobby for years and always thought it would be a terrific space for a permanent restaurant,” said Don Chiofaro Jr., project manager of the Chiofaro Company. “But it required a first-class restaurant and a world-renowned brand like the Palm.

We’ve considered many top-tier options but we’re glad we waited for this opportunity. It’s just a perfect fit.”

The Palm Restaurant Boston - One International Place

Chiofaro said the Palm relocation is part of an overall elevation of amenities and other upgrades planned for International Place in the next year or so.

Italian immigrants Pio Bozzi and John Ganzi opened the first Palm restaurant in 1926 in New York City. It was to be called “La Parma,” but a licensing clerk mistakenly listed it as “The Palm” and the name stuck. For 86 years the Palm has been family-owned and operated; Wally Ganzi, Jr. and Bruce Bozzi, Sr., grandsons of the founders, are the third generation members of the family to co-own and operate the Palm.

The original Palm Boston opened in 1996 and was renovated five years ago. Preliminary designs and more detail on the new Palm Boston will be released at a later date.

International Place is a joint venture between The Chiofaro Company and Prudential Real Estate Investors.

The Chiofaro Company is a privately held, independent firm engaged in the development, investment, leasing, management and ownership of real estate properties of the highest quality.

The company is one of New England’s leading developers and operators of first class commercial and research projects.

The Chiofaro Company’s successful track record and world-class client list are a direct result of its uncompromising focus on creating and maintaining workplaces of extraordinary value–workplaces that enhance the competitiveness of its clients.

To learn more, visit www.chiofaro.com.

The Palm Restaurant Boston - One International Place

SOURCE: The Chiofaro Company

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