Pepitos, which closed in December after 46 years in south Minneapolis, has new owners.
The duo behind the purchase are also taking over the neighboring Parkway Theater.
Local investors and neighborhood residents Ward Johnson and Eddie Landenberger are eager to bring both a new Mexican restaurant and a revived entertainment venue to the corner of 48th Street and Chicago Avenue S.
Pepitos as it was will be no more. Johnson and Landenberger are replacing the neighborhood institution with a new outpost of St. Paul's El Burrito Mercado.
Johnson said that he and Landenberger were looking for a family-friendly restaurant that would put a modern spin on authentic Mexican food to honor Pepitos' legacy, and the owner of El Burrito Mercado seemed like a great fit.
"It just felt like the perfect match," Johnson said. "I'm happy that we were able to bring a restaurant that ... gave respect to the tradition and the history of what was in that building before."
Johnson's love for Pepitos is especially personal. He and his wife not only went to Pepitos for their first date, but they also got engaged at the restaurant.
"I'm excited not only as an investor in this, and an operator in the theater part, but I'm excited as a person who lives in the neighborhood," Johnson said.