The 33-year-old Oakland waterfront restaurant Kincaid’s Fish, Chop & Steakhouse, part of a chain of Kincaid’s restaurants that includes Burlingame and Redondo Beach locations, has permanently closed. The East Bay Times was first to report the news, which leaves a vacancy in prime Jack London Square territory.
Kincaid’s is the latest establishment run by the group Restaurants Unlimited, which declared bankruptcy this summer, to close abruptly. 26-year-old downtown happy hour destination Palomino also recently shuttered, as Tablehopper reported last week, ceding a long-held perch on the edge of the Embarcadero. More businesses in the Restaurants Unlimited portfolio, like Berkeley’s Skate’s on the Bay, remain open.
The closure of Kincaid’s and Palomino is likely related to a recent acquisition of Restaurant’s Unlimited: Just a week ago, Landry’s (owner of chains like Bubba Gump Shrimp Co. and Morton’s The Steakhouse) received permission to acquire Restaurants Unlimited for $37 million from a federal bankruptcy court in Delaware. Eater SF has contacted Landry’s regarding the Restaurants Unlimited property closures and awaits a comment.
Update, October 3: According to a Landry’s representative, the corporate restaurant company did not purchase either the Kincaid’s or the Palomino restaurants as part of its acquisition. Instead, they were handled by the bankruptcy estate.
- Oakland’s waterfront Kincaid’s closes after 33 years [East Bay Times]
- Landry’s Purchase of Restaurants Unlimited gets Court Approval [Restaurant Business Online]
- Sad Closures This Week Are Brought to You by the Letter P: Palomino, Plouf, Pete’s Tavern, Pedro’s Cantina, Papi Rico [Tablehopper]