A Dozen Restaurants Done Right

LaLa Peng

Hot restaurant concepts take advantage of opening in the right place at the right time.

Restaurant expansion “is well correlated with the growth in real disposable income,” says B. Hudson Riehle, senior vice president of the National Restaurant Association’s Research and Knowledge Group.

Increases in population and employment “also translate into more new restaurants opening,” he adds.

After defining 12 markets with enviable economics, FSR identified the best new eateries in each city—a list that includes top-notch chefs and a wide range of cooking styles, ingredients, and flavors, ranging from Sapporo-influenced ramen to laidback Southern sophistication. A few of the best new restaurants also feature shared services or multiple culinary operations under one roof.

Editor’s Note: Great restaurant concepts are continuously coming to market, and FSR has chosen to highlight the best new restaurants in markets that are thriving—theoretically, the best concepts that might set a standard for other markets as the economic recovery continues.
Hot markets are defined by positive economics: Primarily population growth, lower unemployment as compared to the national average of 7.7 percent in July 2013, and strong GDP performance in 2012 as witnessed by year-over-year GDP growth and a viable position in the ranking of GDP performance across all 381 of the metropolitan statistical areas (MSAs) measured by the U.S. Department of Commerce Bureau of Economic Analysis (BEA). The 12 markets selected represent large MSAs (populations greater than 2 million), medium MSAs (populations greater than 1 million), and small MSAs (populations greater than 300,000).


Add new comment