As Downtown’s rental pinch continues unabated, those few remaining lofts and cubby-sized bachelor hovels scattered across the neighborhood are only getting more attractive. Case in point: the Historic Core, an area that has perhaps been most impacted by the lack of affordable housing, thanks in no small part to the glut of restaurants and drinking establishments in the area — which includes this beautiful new 400 seater landing later this year.
Now you can add one more drink spot to the long list of neighborhood options. Known simply as El Dorado, the new subterranean bar/lounge will be hidden away inside the El Dorado Lofts building at 416 S. Spring St., and already has an active full 48 ABC license, which means beer, wine, and plenty of the hard stuff. The drinkery comes by way of one Rio Hackford, a longtime actor (Swingers, Treme) who already owns the quiet Westlake spot Monty Bar.
Paperwork filed with the city shows the 6,150 sq. ft. cocktail lounge as having hours from 11 a.m. to 2 a.m. daily, with seating for nearly 150 people. There will be a happy for the 21+ only crowd, and plans are in motion for live entertainment, including DJs. No word yet on an opening date, but with Le Petit Paris coming soon upstairs, it’s a safe bet that a summer unveiling is in the works.
416 S. Spring St.