Billy Tserenbat is looking to the past for inspiration for his next big project.
Tserenbat, the owner of Billy Sushi, has partnered with Marty Collins, a co-owner of NOLO’s, to launch a restaurant he hopes will be the North Loop’s next hotspot. And it’s inspired by two ghosts of Minneapolis’ party-restaurant past: Chino Latino and Bellanotte.
“Everyone had a good story about Chino Latino, and everyone had a good story about Bellanotte,” Tserenbat said Wednesday. “And sometimes when you just do one thing, then it doesn’t bring too many people, so we want to do a little bit of everything.”
The new restaurant will be located in the TractorWorks complex, set back from Washington Avenue N., flanked by Bar La Grassa/St. Pierre on one side, and Borough/Parlour on the other.
Tserenbat and Collins purchased the 10,000-square-foot space, he said. Tserenbat was interested in the location since he first toured it in 2018, but with other businesses and a young family to occupy him, he was looking for a partner. “I cannot do all those things by myself anymore,” Tserenbat said. “And Marty was like, ‘Yeah, let’s do it.’”
The venue, which he hopes will open in spring 2026, will feature a bar, dining room and private rooms. A diverse menu will include Asian, Latin and American cuisines. The exact name of the establishment remains under wraps for now, but one thing Tserenbat knows for sure is the dinner-only spot will feel like a party.
“Washington [Avenue] is so hot right now,” he said. “Now it’s becoming even hotter.”