Home News Greek Flare in Salt Lake City: Paréa Opens Doors with $350K City Loan, Boosting Local Economy

Greek Flare in Salt Lake City: Paréa Opens Doors with $350K City Loan, Boosting Local Economy

Greek Flare in Salt Lake City: Paréa Opens Doors with $350K City Loan, Boosting Local Economy

Adding to the cultural tapestry of Salt Lake City’s food scene, a new casual restaurant and market named Paréa is making waves with its selection of hand-stacked gyros and quick, Greek-inspired dishes, all thanks to a sizeable $350,000 Economic Development Loan Fund (EDLF) loan from the city council. The venture is the brainchild of local business figure Manoli Katsanevas, who already established his culinary reputation with Manoli’s, a fine-dining Greek restaurant just a stone’s throw away, as reported by

Salt Lake City

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The new establishment, which swung open its doors last month, prides itself on its commitment to homemade fare and locally sourced ingredients, a move equally praised by Mayor Erin Mendenhall who, during a press statement, championed the city’s investment in small businesses as a driving force for the local economy, emphasizing that Paréa not only contributes to Salt Lake City’s dining options but also weaves a stronger community fabric through its presence. The loan serves to support construction and refurbishment expenditures for Paréa’s space, which includes a reimagined office building featuring an al fresco dining experience on Harvey Milk Boulevard.

Darin Mano, City Council Member for District 5, articulates the city’s solid stance on nurturing entrepreneurs like Katsanevas, drawing attention to how these visionary business owners enrich Salt Lake City’s unique character, while Lorena Riffo Jenson, Director of Salt Lake City’s Department of Economic Development, underscores their dedication to reinforcing the 900 South business district, supporting its ongoing growth and dynamism, her insights shared in tandem with Mano’s, as per

Salt Lake City

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Focusing on the broader agenda, the EDLF program tailors its financial resources to fuel business progress, employment opportunities, and private investment, and optimize neighborhood vitality across Salt Lake City aiming to foster successful businesses that deliver robust economic outcomes coupled with beneficial social and environmental influences, for those interested in learning more about the program and its objectives, information is available on Salt Lake City’s official website.

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