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Sweetgreen expanding to Florida with first locations in Miami

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Sweetgreen expanding to Florida with first locations in Miami

As reported in The Real Deal.

Sweetgreen, a fast-casual salad concept, is expanding to the Sunshine State with its first locations in Coral Gables and Coconut Grove, The Real Deal has learned.

The chain of restaurants, with 100 locations in New York, Boston, Chicago, California and other markets, announced it is coming to Miami in an Instagram post showing a piece of kale taped to a wall – a play on the banana that sold at Art Basel Miami Beach for $120,000 last week.

Sweetgreen announced it was expanding to Miami, Denver and Austin in September when it closed on a $150 million funding round that values the Los Angeles-based company at $1.6 billion, according to a press release. Lone Pine Capital and D1 Capital Partners led the most recent round.

Sweetgreen will open at 120 Giralda Avenue in Coral Gables, according to the city’s business improvement district website. It will also open at CocoWalk, sources said. CocoWalk reshared Sweetgreen’s post on Instagram.

 

https://therealdeal.com/miami/2019/12/10/sweetgreen-expanding-to-florida-with-first-locations-in-miami/?utm_source=Sailthru&utm_medium=email&utm_campaign=South%20Florida%20Daily%20%7C%2012.11.19&utm_term=South%20Florida%20Daily