Trynd closing, Balbeisi tight lipped on new tenant
Nidal Balbeisi is closing his struggling Trynd restaurant and bar downtown June 1, announcing in an eblast that he has leased the space to an undisclosed tenant.
“I personally cannot talk about it,” Balbeisi tells ABiz when asked who would be taking over the Vermilion Street venue. A confidentiality agreement prohibits him from disclosing the tenant, Balbeisi says, assuring this reporter he would convey ABiz’s inquiry to the tenant. ABiz will update this story when new information is available.
The beautifully renovated downtown space, a 1916 Masonic Lodge that had most recently operated as Stan’s Restaurant and nightclub, opened to much fanfare and anticipation in late 2010 as an Italian eatery, lounge and upscale nightclub. It was the most ambitious Lafayette project to date for the affable restaurateur, but it never took off.
Balbeisi issued the following in an eblast Thursday morning:
I wanted to take a moment and let you all know that as of June 1st, we are closing Trynd and leasing the building to new tenants for a joint event space/ bar venture.
It has been an incredible year and we have enjoyed the experience with each of you. We were able to build, what I feel, was Lafayette’s finest dining establishment. I loved that it gave me a chance to serve so many of you and be a part of your memories as you celebrated special occasions in our dining room and on our balcony.
While I wish Trynd could continue, my focus must return to Zeus and Agave, as they continue to grow rapidly and franchise opportunities are arising throughout Louisiana and in states throughout the country.
You have always supported my family and our dreams. We are the perfect example of why this city is the amazing place it is and why hard work always creates opportunity.
I look forward to seeing you at our Agave and Zeus locations.
Subscribe to this comment's feed
- On the Move: Mike GuidrozVeteran banker will eventually assume the role of RR Company co-founder Rodney Savoy.
- Fresh Catch Lafayette now has inroads to state money for seafood promotions and marketing.
- Turning a CornerThe Andrus family’s plan for a physician apartment complex is being favorably received by residents who have waged a long legal battle to keep their neighborhood just that — a neighborhood.
- Ruffino's pays $3.3 million for old Cochon location Ruffino's says the deal came together faster than expected — and about two weeks ahead of the debut of Ruffino's on the River.
Weekly claims for unemployment insurance rise
First-time claims for unemployment insurance in Louisiana for the week ending May 18, increased from the previous week's total.
IberiaBank adds advisory board members
IberiaBank names three young business leaders, Todd G. Citron, Blake R. David and Edward J. Krampe III, to its Lafayette Advisory Board.
Summer travel forecast: Better, but no blowout
Airlines, hotels and campgrounds are commanding higher rates and seeing more customers than a few summers ago, and luxury hotels are selling out. Local businessmen and state officials are optimistic.
Lafayette General/UMC deal closing in June
Gov. Bobby Jindal's top budget architect says the state will have enough money to cover the costs of privatizing the LSU-run hospitals.
Global Data Systems is growing
An expansion is under way for Global Data Systems, a telecommunications company headquartered in Lafayette.
Senate rejects end of federal sugar program
Louisiana's $3.5 billion sugarcane and sugar mill industries could breathe a sigh of relief after an effort to effectively end the federal sugar program was defeated on the Senate floor.
Congrats, LUS
One statistic Lafayette Utilities System's Director Terry Huval has been reluctant to release since the launch of LUS Fiber in 2009 has been the number of its customers.
Marine contractor plans $30M expansion
Danos & Curole announces a new $10 million headquarters in Gray and a $20 million manufacturing and fabrication plant at one of two Louisiana ports under consideration.
On the Move: Mike Guidroz
Veteran banker will eventually assume the role of RR Company co-founder Rodney Savoy.
Ryan Rogers returns to Russo
Strategic branding and marketing firm Russo has announced the return of Ryan Anthony Rogers as associate creative director.
Casinos win $35.8M less in April than in March
State police figures show most also won less than they did a year ago. The big exceptions were 8.7 percent one-year increases at both L'Auberge Lake Charles and the slots casino at the New Orleans Fair Grounds.
Whitney Bank announces closures
Up to 45 branches of Hancock Back and Whitney Bank are slated for closure in the coming months, according to an announcement made Friday by Hancock Holding Co. President and CEO Carl J. Chaney.
Louisiana jobless rate rises for fourth month
The jobless rate rose to 6.5 from 6.2 percent in March, though it remained below April 2012's 6.8 percent rate.
Interior issues new drilling rule on public land
The Obama administration said Thursday it will require companies that drill for oil and natural gas on federal lands to publicly disclose chemicals used in hydraulic fracturing operations.
River Ranch’s Daigle, attorney Picard named to Committee of 100
Both will help direct efforts of state's prestigious economic development group.
Lafayette Economic Performance Index
2012 was a banner year for Lafayette. Not only did Lafayette retailers reach an all-time high of $5.7 billion in sales in 2012, but Lafayette’s unemployment rate dropped below 4% for the first time since 2009.
Fresh Catch
Lafayette now has inroads to state money for seafood promotions and marketing.
Turning a Corner
The Andrus family’s plan for a physician apartment complex is being favorably received by residents who have waged a long legal battle to keep their neighborhood just that — a neighborhood.
Serendipitous Collisions
INNOV8 helped me understand how Lafayette is poised for meaningful diversification in its economic base.
Legal Matters: Protecting Competitive Business Interests
One size does not fit all when it comes to Louisiana appeal courts’ interpretation of noncompete and nonsolicitation agreements.
Lafayette’s ‘sinking ship’ is cash flow positive
“We’ve crossed that magic threshold,” LUS Director Terry Huval says.
ABiz Scene
A photo recap of recent happenings in the Acadiana business scene, including the INNOV8 Awards, CajunCodeFest, the INDesign Awards luncheon and a groundbreaking ceremony for the expansion of Stella Maris' headquarters on Pont Des Mouton Road.
People & Flashes
Promotions and hiring announcements from Acadiana's business scene.
Shakin' at the Shack
Former bodybuilder brings a healthy focus to new Johnston Street shop.
Zachary Barker takes helm of the Opportunity Machine
Zachary Barker continues making waves in Lafayette’s business scene, mostly recently being named executive director of the Opportunity Machine.
