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The Chicago Today
  Sip & Savor  New Greek Eatery Ithaki Aims to Revitalize Greektown Amidst Neighborhood Shifts
Sip & Savor

New Greek Eatery Ithaki Aims to Revitalize Greektown Amidst Neighborhood Shifts

Felicia HolmesFelicia Holmes—July 30, 20250
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Greektown is set to welcome a new culinary voice this summer with the planned opening of Ithaki Estiatorio, spearheaded by Kosti Demos, founder and partner of Forte Hospitality Group. Located at 315 S. Halsted St. in the heart of Chicago’s historic Greek enclave, the 5,500-square-foot establishment is poised to offer a modernized take on Greek cuisine.

A Contemporary Vision for Greek Dining

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Ithaki Estiatorio aims to elevate the Greektown dining experience by moving beyond traditional or nostalgic interpretations of Greek food. Demos envisions a menu that embraces contemporary culinary techniques while honoring the rich heritage of Greek flavors. The restaurant will feature a prominent wood-burning oven and grill, signaling a commitment to smoky, hearth-cooked dishes. With seating for 180 patrons, Ithaki will also boast an extensive selection of Greek spirits and wines. A distinctive element of its offering will be the direct importation of fish from the Mediterranean, promising unparalleled freshness and authenticity.

Expanding the Forte Hospitality Footprint

This venture marks a significant expansion for Forte Hospitality Group, which already includes popular establishments such as Sapori Trattoria and Butcher & the Bear. Adding to its diverse portfolio, Forte Hospitality also plans to introduce a separate cocktail concept in Ithaki’s basement later this year, further diversifying the entertainment and dining options available.

Navigating Greektown’s Evolving Landscape

The opening of Ithaki Estiatorio arrives at a pivotal moment for Greektown. The neighborhood, once predominantly defined by Greek-owned businesses, has experienced a notable shift in recent years. Rising property values and increased competition from the burgeoning Fulton Market District have contributed to the closure of several long-standing, beloved Greek institutions, including Parthenon, Pegasus Restaurant & Taverna, and Santorini. This trend has led to a decrease in the number of Greek-owned restaurants within the enclave.

A Commitment to Revival

Despite these challenges, Demos expresses a strong belief in Greektown’s potential for a resurgence. He views Ithaki Estiatorio not just as a new restaurant, but as a committed contribution to the neighborhood’s revival. Demos points to the increasing residential population growth within Greektown as a positive indicator, anticipating that this demographic shift will naturally drive increased foot traffic and demand for new dining establishments.

Ithaki Estiatorio is anticipated to open its doors this summer, bringing a fresh perspective and a renewed sense of possibility to Chicago’s Greektown.

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Felicia Holmes

Felicia Holmes is a seasoned entertainment journalist who shines a spotlight on emerging talent, award-winning productions, and pop culture trends. Her work has appeared in a range of outlets—from established trade publications to influential online magazines—earning her a reputation for thoughtful commentary and nuanced storytelling. When she’s not interviewing Hollywood insiders or reviewing the latest streaming sensations, Felicia enjoys discovering local art scenes and sharing candid behind-the-scenes anecdotes with her readers. Connect with her on social media for timely updates and industry insights.

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