The Flat Creek restaurant venture is expanding its footprint with a pair of new eateries.
Thane Kifer and Drew Kifer of Bolivar-based Pinecone Holdings LLC are the lead developers on plans for a location in that city and another in Webb City, according to a news release. The buildings will be owned by a consortium of investors and leased to Flat Creek owner-operators Alan Kram and Josh Rasmussen.
Drew Kifer said via email that a single-purpose entity with Pinecone and Flat Creek as general partners was formed for the development, and the investors are on board as limited partners. He said the total project cost for both locations is around $8.5 million.
“I’m excited to help provide another amenity that Bolivar has been desiring for decades, and I’m glad to have found a way to keep some of the profits local with our local investors, not to mention the new local jobs it will create,” Thane Kifer said in the release. “We also know that just like there is a bit of an underserved dining market in Bolivar, there’s also that opportunity in Webb City.”
The 8,700-square-foot Bolivar restaurant and 9,500-square-foot Webb City eatery are expected to open in late 2022 or early 2023. Financed by First State Community Bank of Lebanon, the sites are being designed by H Design Group LLC. A general contractor is expected to be selected in April.
Each of the new restaurants is expected to employ up to 100 employees, according to the release.
Flat Creek, which is known for catfish, fried chicken, steaks, crab legs and burgers, opened a restaurant in Republic in early 2019. The company also operates two restaurants in Cape Fair, according to its website.
Wellness Collective LLC launched downtown; I Love Tacos Taqueria LLC expanded; and MLP Accounting & Consulting moved.