East Lake corner sited for four new eateries
Partners Mike Nelson and Clay Harper, known for their Fellini’s and La Fonda restaurants, along with Jay Martin and Nathan Bolster bought the corners of Second Avenue and Hosea Williams Drive with a plan to open four restaurants on the site.
East Lake, the community surrounding the historic East Lake Golf Club, has been undergoing redevelopment since the 1990s. East Lake Foundation and CF Foundation Inc. are philanthropic organizations charged with the mission to restore the golf club and to use it as the economic engine to fund the redevelopment. Formerly the site of a troubled public housing complex, the new East Lake is the site of a carefully conceived “mixed income” neighborhood.
The foundations temporarily set aside plans to develop restaurants at the corner locations during the recession. The new owners have announced they will convert the old gas station on the northwest corner to a new location for The Greater Good BBQ. They have plans for three new restaurant concepts with outdoor seating using an existing building on the southeast corner. The remaining corners will be developed later.
“CF Foundation Inc. is delighted to make the sale to two intown restaurant operators who have more than 30 year of experience,” said Rick Bent, VP Real Estate and Development, CF Foundation Inc., in a news release. “This investment will provide East Lake residents with a much needed destination for good, affordable, interesting food and drink.”
Nelson and Harper opened the first Fellini’s Pizza on Peachtree Street in Buckhead in 1983. The partners currently run seven Fellini’s locations, five La Fonda Latina restaurants and two Greater Good BBQs.
Source: East Lake Foundation
Source: Chapin Hall
Source: Decatur News