Blackfinn to sell downtown location to a local restaurant group

From a press release received this morning:

RICHMOND, VA (May 24, 2012) – BlackFinn American Saloon, located at 1001 Haxall Point, today announced its plans to sell the restaurant to a local ownership group. The restaurant will remain closed until a sale is completed and the new ownership group has finalized its rebranding of the current space.

BlackFinn has been the sole restaurant tenant of the mixed-use Riverside on the James development since it first opened its doors in 2006. The new tenant will benefit from the revitalization plans that are in place for the surrounding Canal Walk area.

“With the efforts to update and expand the current offerings in the area, we feel that this is a good time and opportunity for both seller and buyer,” said BlackFinn operating partner Ryan Golbitz. “It’s been six terrific years and we are grateful for the support and the business that our community has provided.”

Details of the new restaurant’s name and theme are expected to be announced closer to the reopening date, estimated around fall of 2012.

Anyone else know details? I’ll update if I hear anything.

Be sure to watch the local news outlets for more updates/information.