Home Topics Coming and Going Luma on Park announces closure of Winter Park restaurant

Luma on Park announces closure of Winter Park restaurant

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UPDATE: We have included a statement from Battaglia Group and landlord representative, Foundry Commercial, regarding the lease agreement with Park Lights Hospitality.

Luma on Park (Facebook | Website) is closing.

The popular Winter Park restaurant has operated out of a former bank at 290 S. Park Avenue [GMap] for the past 15 years. The restaurant is a property of Park Lights Hospitality (Website) which owns and operates other popular venues Prato and Luke’s.

The owners took to the Luma Facebook page to announce the closure with the following post.

We have reached out for more information but had not heard whether or not Luma would be closing immediately or at some point in the future. But as you can see in the post above, the ownership has already been approached to move the concept, or a new one, to another location.

The following statement was made from Battaglia Group and landlord representative, Foundry Commercial regarding the lease.

While the nuances of landlord-tenant leases are confidential, we can say that throughout this pandemic we have approached Luma on Park with a carefully considered rent relief and rent restructure to their existing lease. Prior to the COVID-19 pandemic, lease renewal negotiations had been ongoing for approximately 2 years and were finalized at the end of 2019. It was disappointing when Park Lights Hospitality Group – with whom we have enjoyed a 15-year relationship – decided to walk away after not coming to an agreement on a realistic COVID-related rent relief arrangement. Since Luma went public with their intention to vacate, we have received numerous inquiries from exciting concepts throughout the country. The Battaglia Group wishes Luma success and looks forward to announcing future plans for the location in the upcoming months.

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Brendan O'Connorhttps://www.brendanoconnor.me/
Editor in Chief of Bungalower.com

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UPDATE: We have included a statement from Battaglia Group and landlord representative, Foundry Commercial, regarding the lease agreement with Park Lights Hospitality.

Luma on Park (Facebook | Website) is closing.

The popular Winter Park restaurant has operated out of a former bank at 290 S. Park Avenue [GMap] for the past 15 years. The restaurant is a property of Park Lights Hospitality (Website) which owns and operates other popular venues Prato and Luke’s.

The owners took to the Luma Facebook page to announce the closure with the following post.

We have reached out for more information but had not heard whether or not Luma would be closing immediately or at some point in the future. But as you can see in the post above, the ownership has already been approached to move the concept, or a new one, to another location.

The following statement was made from Battaglia Group and landlord representative, Foundry Commercial regarding the lease.

While the nuances of landlord-tenant leases are confidential, we can say that throughout this pandemic we have approached Luma on Park with a carefully considered rent relief and rent restructure to their existing lease. Prior to the COVID-19 pandemic, lease renewal negotiations had been ongoing for approximately 2 years and were finalized at the end of 2019. It was disappointing when Park Lights Hospitality Group – with whom we have enjoyed a 15-year relationship – decided to walk away after not coming to an agreement on a realistic COVID-related rent relief arrangement. Since Luma went public with their intention to vacate, we have received numerous inquiries from exciting concepts throughout the country. The Battaglia Group wishes Luma success and looks forward to announcing future plans for the location in the upcoming months.