Ten01 Restaurant in the Pearl District has closed.
I remember when I went to the restaurant for the first time I was struck by the amount of money they must have spent in developing the space. Even the kitchen equipment was plentiful and pretty high-end. Though they opened in the height of the economic boom, the economy began to fall shortly thereafter. I am sure they had very expensive overhead and needed to get a lot of people through the door to cover expenses. In 2009, several key employees left, which made me wonder if the foundation was starting to crumble. About the same time, the menu was split into high-end food in the upstairs area, and bar food/smaller plates downstairs. It appears the new formula wasn’t enough to save them.
The big question now is what will happen to some of these large vacant spaces that are appearing around Portland. Will a new restaurant move in, or will it sit empty for years, as Olea has? It will be interesting to see if anyone takes the spot.
Back in 2008 under chef Jack Yoss, Ten01 was one of my favorite Portland restaurants, and it received my Restaurant of the Year. That review was one of the best I’ve written, so I will leave it up for a bit longer.
I’m sorry to see them go. Best of luck to the staff.