Print
Restaurants

Tarantelli's Owners To Expand Restaurant Into New Space, Sell Existing Location

By Staff Reports, posted Feb 6, 2024
The owners of Tarantelli's, 102 S. Second St., plan to sell their restaurant space, which is the first-floor condo below the Hotel Tarrymore, as they look for a place to expand. (Photo by Cece Nunn)

The owners of an Italian restaurant in downtown Wilmington have put expansion on the menu.

They’re looking for a new location for Tarantelli’s Italian Ristorante, currently at 102 S. Second St. on the first floor below the Hotel Tarrymore. They want space for more seating, a larger kitchen, a larger pastry room, enhanced wine storage “and the ability to provide their guests with even more incredible and unique dining experiences,” according to a news release.

After a renovation that preserved some of the original structure of the building “while combining true European charm,” Tarantelli’s opened in 2016, the release stated. The restaurant's name pays homage to Anthony Tarantelli, the grandfather of owners Ryan Morabito and Erika Morabito-Henderson, according to a previous Greater Wilmington Business Journal story.

“We are so grateful for the love that so many locals and visitors have shown us over the years, and we could not be more committed to our future here in Wilmington, including to our amazing staff and loyal guests,” said co-owner Jason Henderson in the release. “We have loved creating a concept with our executive chef that has been overwhelmingly received by the residents and visitors in the Wilmington market.”

The restaurant owners plan to sell their existing space, which they own separately from the Hotel Tarrymore, according to Terry Espy of MoMentum Companies. Espy stated in the release that they want to find the “right owner and restaurant to occupy and own this amazing space.”

According to Espy, the demand for second-generation restaurants has increased significantly in the Wilmington area.

She said in the release, “We are committed to assisting Tarantelli’s with the sale of the restaurant’s existing prime location and the acquisition of the next ‘perfect’ location and space for this incredible restaurant and ownership team that will allow for even more growth and opportunity for them.”

Ico insights

INSIGHTS

SPONSORS' CONTENT
Headshotrosaliecalarco 1182131047

A New Take on an Old Scam

Untitleddesign5

Unlocking Potential: The Power of Business Peer Groups

John Monahan - Vistage
Pfinder john zachary

What You Need to Know About SECURE 2.0 and Its Effect on Individual Retirement Accounts

John B Zachary - Pathfinder Wealth Consulting

Trending News

Bank, Nonprofit Look To Lease Skyline Center Space From City

Emma Dill - Feb 19, 2024

Homebuilders Association Adds Taylor As Director Of Business Development

Staff Reports - Feb 20, 2024

Insurance Company Leases Space In Upcoming Midtown Office Building

Cece Nunn - Feb 20, 2024

Coffee Shop, Bar Takes Flight In Downtown Wilmington

Laura Moore - Feb 21, 2024

Local Women's Impact Network Announces Board Officers, Members

Staff Reports - Feb 20, 2024

In The Current Issue

State Real Estate Leader Weighs In

"Forecasts from leading economists suggest a downward adjustment in interest rates by the middle of the year, a development that could notab...


Gadgets Boost Area’s Biotech

“AI is starting to weave itself into our social culture. Say you have a wearable on 24/7; you don’t even know it’s there,” said Morris Nguye...


INFO JUNKIE: Brooke Rudd-Gaglie

Brooke Rudd-Gaglie, vice president, director and practicing broker at Margaret Rudd & Associates Realtors, shares her tech and info picks....

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2023 Power Breakfast: Major Developments