Roast opening Oct. 15…

10 09 2008

…but according to the Detroit News, they needed a loan of $400,000 to do so.

Celebrity chef Michael Symon’s restaurant Roast aims to open Oct. 15 in the renovated Westin Book Cadillac downtown, backed in part by a $400,000 loan that includes public money.

After some debate about the struggles of downtown upscale restaurants, the loan was approved Tuesday by the board of the Economic Development Corp., a branch of the quasi-public Detroit Economic Growth Corp. Some of the money comes from the city’s $40 million casino fund; the 10-year loan is backed by Citizens Bank and personally guaranteed by Book Cadillac developer John Ferchill. A breakdown of how much each party is backing was not available.  

I would love to see a menu for this project.  It’s supposed to be a meat-eaters paradise.