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Pete's to Become Upscale Fish Market
December 2007

The Boca Raton Observer

Athan "Tom" Prakas of The Prakas Group, Inc. has brought together two savvy restaurateurs in a deal that is forever changing a 20-year Boca Raton dining institution. Prakas represented Pete Boinis, owner and manager of the famed Pete's Restaurant on Glades Road, who engaged his firm to find a buyer. And find one he did. Prakas created the link that brought high profile restaurateur Pano Karatassos, Founder and CEO of Buckhead Life Restaurant Group to purchase the Pete's location, for a future fish market concept restaurant.

Opening of the new restaurant is projected for February or March of 2008. The new fish market restaurant will keep the banquet rooms from Pete's for catering and events, but the interior will undergo a complete $3 to 4 million renovation.

"It is a superior location for a restaurant," says Prakas, "and Pano wished to complement his Chops Lobster Bar presence in Boca with a second concept. The new fish market restaurant will cater to a wide economic base ... families, singles, parties, business events, and tourists. Also, the restaurant will print its menu twice daily to accommodate the freshest seafood available ... the fish are still flopping when they are cooked. Boca Raton is now becoming a world class dining destination."


 

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