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Pegasus Taverna Owners Purchase Shuttered New Parthenon Restaurant

The Papas family is also renovating the Santorini space

Brenna Houck

Longtime Greektown restaurant New Parthenon has changed hands, but is staying within the neighborhood family. The Papas family — owners of numerous Greektown properties including Pegasus Taverna and the Atheneum Suite Hotel— confirms to Eater in a statement that they have purchased the New Parthenon Restaurant and are exploring plans to renovate the restaurant. Eater previously reported that New Parthenon closed earlier this week for apparent remodeling.

The family, which has operated businesses within the Greektown district for the past 40 years, is also planning to convert the recently shuttered and gutted Santorini Estiatorio restaurant at 501 Monroe St. into a “new concept that will include a rooftop and dining establishment that will complement the offerings within the Greektown district.”

The overall updates to two major Greek restaurants in the popular downtown entertainment district are designed to coincide with an as-of-yet-unspecified “redevelopment master plan” that’s expected to be announced by the end of 2018.

Santorini Estiatorio closed earlier this fall.
Brenna Houck

The news comes as the Greektown district is undergoing some significant changes to its identity including an influx of non-Greek restaurants and bars like Wahlburgers. The area is anchored by the Greektown Casino & Hotel, which is transforming into the Jack Detroit Casino-Hotel. However, that rebrand is also appears to be on ice as some are speculating that owner and developer Dan Gilbert is looking to unload his casinos.

More details on the changes to Santorini and New Parthenon are expected to be release soon. Stay tuned for updates.

Greektown’s New Parthenon Restaurant Shutters [ED]
Santorini Estiatorio Shutters [ED]
All Closings Coverage [ED]
All Eater Tracking Coverage [ED]

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