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Shuttered Riverview Restaurant in South Jersey sold, will be rebranded under new owners
Shuttered Riverview Restaurant in South Jersey sold, will be rebranded under new owners

Business Journals

time25-04-2025

  • Business
  • Business Journals

Shuttered Riverview Restaurant in South Jersey sold, will be rebranded under new owners

By submitting your information you are agreeing to our Privacy Policy and User Agreement . Join the Philadelphia Business Journal to unlock even more insights! The new owners of the Burlington County restaurant are looking to elevate the local dining scene with their new concept, called Revell Hall. The shuttered Riverview Restaurant & Bar in South Jersey has been sold to a group of hospitality industry veterans planning a total overhaul. The restaurant and bar, located at 219 High St. in Burlington, was acquired by partners Andrew Palmieri, Robert Spina, Joey Sergentakis and Ryan Held in March, Spina told the Business Journal. He declined to disclose the cost of the acquisition, and the sale price is not yet recorded in property records. Spina will serve as the restaurant's managing director, while Sergentakis will be the head chef. Spina opened Italian restaurant Boschetto in Montclair, New Jersey, in August 2023 with his brother-in-law Held and Sergentakis. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events Palmieri, who has a background in finance, brought the trio onto the Burlington project when former owner Adrian Thomas began looking to sell Riverview Restaurant & Bar. The business closed late last year after operating solely as an event venue in 2024, according to Robert Gillis of Bielat Santore & Co., who marketed the property for sale. Thomas purchased the building for $600,000 in 2014, property records show, and opened Riverview in early 2017. expand The Burlington restaurant and bar spans 10,000 square feet across two floors. Robert Gillis The new owners plan to completely renovate and rebrand the restaurant as Revell Hall, named after Thomas Revell, a 17th-century Burlington resident who owned the Revell House, the oldest building in Burlington County. The reimagined restaurant will have new furniture, lighting and cuisine. Revell Hall will serve what the owners are calling "new American fare," according to Spina. The menu will feature international influences including French, Asian and Italian. The 10,000-square-foot, two-story restaurant has a dining room and bar on each level. It also features a sunroom, lounge, meeting room and outdoor courtyard, according to Gillis. Spina said Revell Hall will likely seat between 200 and 250 people when it is finished. He added that the restaurant's size, including its large outdoor patio facing the Delaware River, gives it the infrastructure needed to maintain a robust events business in addition to regular restaurant service. 'Not only do we have a lot of seats inside, we'll be able to really focus on large-scale events on the patio, full buyouts between outside and in,' Spina said. expand The property's new owners plan to utilize the patio for a la carte dining and events. Robert Gillis The partners plan to open Revell Hall in phases, starting with the first floor in June. Spina said they hope to have the second floor open and the events side of the business up and running by the end of the year. Revell Hall will initially be open Wednesday to Sunday for dinner. Spina said it will eventually add breakfast and lunch service and could ultimately be open six days each week. The restaurant is expected to have 30 to 40 full- and part-time employees. Spina said he believes Revell Hall will help elevate the Burlington dining scene. 'It will bring a real, complete restaurant brand. So everything you [see], feel, touch, smell and taste will be deliberate,' Spina said. Sign up here for the Philadelphia Business Journal's free newsletters, and download our free app for breaking news alerts.

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