Scoop: Restaurateur Danny Meyer taking over former Foxtrot Dupont space
Why it matters: One of D.C.'s busiest corners is claimed by one of the biggest names in the hospitality biz.
Catch up quick: The Shake Shack founder, whose portfolio runs from casual haunts to Michelin-starred restaurants, briefly expanded to D.C. in 2020 with an Italian seafood spot in Navy Yard that shuttered in the pandemic.
Last year, Foxtrot Market abruptly closed all of its locations. The Connecticut Avenue space, Foxtrot's busiest D.C. location, has sat empty since.
Zoom in: This may be the first Daily Provisions location outside of Manhattan, where Union Square Hospitality Group operates seven.
The cafe-bakeries run morning through night, and are popular for French cruellers, breakfast and lunch sandwiches, salads or a comforting roast chicken and wine come evening.
There's also takeout and quick-grab "provisions" like sauces and coffee.
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Gianluca Mariani, Head of Industrial Manufacturing, Large Corporate Banking at BNL BNP Paribas: 'Our support for Stevanato Group reflects our commitment to partnering with companies that invest in innovation, sustainability and global expansion. Stevanato Group is a leading example of excellence in its sector, and our goal is to make our domestic and international platforms available to contribute to the growing ambitions of the Company in the coming years.' 'We are proud to once again support the growth plans of Stevanato Group, a leading Italian company active in the pharmaceutical sector, which is strategic for the Country,' stated Marco Roberto Pessione, Head of Corporate Coverage at CDP. 'We firmly believe in the value of companies that invest in research, quality, and sustainable development, and that make a tangible contribution to the growth of the national economy. 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These forward-looking statements are statements regarding the Company's intentions, beliefs or current expectations concerning, among other things, the investments the Company expects to receive, the expansion of manufacturing capacity, the Company's plans regarding its presence in the U.S. market, business strategies, the Company's capacity to meet future market demands and support preparedness for future public health emergencies, and results of operations. The forward-looking statements in this press release are based on numerous assumptions regarding the Company's present and future business strategies and the environment in which the Company will operate in the future. Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and may cause the actual results, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond the Company's ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the actions of regulators and other factors such as the Company's ability to continue to obtain financing to meet its liquidity needs, changes in the political, social and regulatory framework in which the Company operates or in economic or technological trends or conditions. Readers should therefore not place undue reliance on these statements, particularly not in connection with any contract or investment decision. Except as required by law, the company assumes no obligation to update any such forward-looking statements. About Stevanato Group Founded in 1949, Stevanato Group is a leading global provider of drug containment, drug delivery and diagnostic solutions to the pharmaceutical, biotechnology and life sciences industries. The Group delivers an integrated, end-to-end portfolio of products, processes and services that address customer needs across the entire drug life cycle at each of the development, clinical and commercial stages. Stevanato Group's core capabilities in scientific research and development, its commitment to technical innovation and its engineering excellence are central to its ability to offer value added solutions to clients. 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