David Aisenstat is closing his high-end Vancouver restaurant Shore Club on March 29 and will replace it with a Keg Restaurant this fall.
Aisenstat is best known for owning the 104-location Keg Restaurants Ltd. Chain, but he launched the Shore Club five years ago in Vancouver and followed it up with Shore Club locations in Ottawa and Toronto.
The Ottawa and Toronto Shore Clubs will keep their current branding.
Aisenstat also has interests in other restaurants, including:
- two Ki Modern Japanese + Bar restaurants;
- five Hy’s Steakhouse locations; and
- Gotham Steakhouse.
Aisenstat bought Joe Fortes Seafood and Chop House on March 9 and told Business in Vancouver at the time that he would not change anything.
“If it’s not broken, don’t fix it. That’s the case here,” he said.
Aisenstat sold the Shore 104.1 radio station he owned, along with other investors, to Astral Media Inc. in December for $13.4 million.
Aisenstat launched that radio station in mid-2009 along with investors such as longtime radio personality Roy Hennessey, S.L. Feldman and Associates Ltd. CEO Sam Feldman, radio personalities Bob Mackowycz Sr. and Bob Mackowycz Jr., TSN personality Michael Landsberg and Maxam Opportunities Fund co-founder Sean Morrison.
Aisenstat was unavailable for comment on the Shore Club’s closure.
The Shore Club has posted a notice on its website saying, “We wish to thank our loyal guests for their support. It has been a pleasure to serve you.”