Hoboken, NJ (December 5, 2013) - McLoone’s Restaurants is thrilled to announce that they will be opening a new “Pier House” restaurant at The Shipyard, a mixed-use community of luxury residences and upscale retail space located on Hoboken’s northern waterfront facing midtown Manhattan.  This McLoone’s restaurant will expand the very successful “Pier House” concept to three locations; adding to the original in Long Branch (2005) and National Harbor, Maryland (2010). The Hoboken location will offer McLoone’s “upscale dining for the entire family” with New American cuisine, neighborhood signature dishes, an extensive wine list and specialty drinks. Renovations are planned for the 7,000 square-foot venue, owned by Ironstate Development Company, since it is an existing restaurant space with many interior architectural accents. McLoone’s Pier House boasts soaring ceilings, vibrant features, and spectacular views of the Manhattan skyline that will debut in Spring 2014. Pier House will be added to an impressive list of ten restaurants owned by McLoone’s hospitality company. Visit www.mcloones.com for all restaurant locations.

“We couldn’t pass up the opportunity to create a new restaurant located in the iconic city of Hoboken. The Shipyard is a great community”, cheers Tim McLoone, president of McLoone’s Restaurants. “With an exceptional waterfront location just steps from a New York Waterway Ferry Terminal and convenient Valet Service, we expect to attract patrons from throughout New Jersey and Manhattan”. Tim is known throughout New York and New Jersey as a celebrated musician, entertainer, athlete, restaurateur, entrepreneur, humanitarian and renaissance man. His interests and core values have cultivated a unique company brand that has been a successful formula for over twenty years.

The interior concept is being designed by Cahill Studio Inc. that will reflect the flavor of its unique surroundings. The existing framework of the multi-faceted interior space, formerly Lua Restaurant, offers an open, fluid environment that evokes a hip and social environment for both dinner and cocktails.  The restaurant’s centerpiece is a one-of-a-kind elliptical bar with a glowing amber resin top that flows out from a curved wood base.  It is oriented to provide a 360-degree view of the restaurant. The two-level dining room, which will seat about 150 people, is separated from the bar area by a freestanding custom partition which provides privacy for diners.   A series of banquets along the perimeter allows intimate dining experiences, while oversized windows provide a spectacular view of the Manhattan skyline. The lounge area can be used for private parties or casual cocktails and provides a more relaxed and easy atmosphere.

Developed and owned by Ironstate Development Company, The Shipyard in Hoboken features 1,160 luxury rental and for-sale residences, 65,000 square feet of retail space, a public waterfront promenade and park, a ferry terminal with service to midtown Manhattan and a full-service marina.  Ironstate also owns Pier Village in Long Branch, where one of McLoone’s restaurants has been located since 2005. Since Ironstate and McLoone’s have a long-standing business relationship, principals from both enthusiastically embraced the possibilities of continued success with a second waterfront location.

“We’re excited to add McLoone’s Pier House to The Shipyard,” said David Barry, President of Ironstate Development Company.  “Tim’s restaurant concept has been an important contributor to the overall lifestyle at our Pier Village community in Long Branch, and we’re confident it will achieve similar success in Hoboken.”

About Ironstate Development Company

Ironstate Development Company is one of the largest privately held real estate development companies in the Northeast. Based in Hoboken, New Jersey, Ironstate engages in the development and management of large-scale mixed-use projects and has a diverse portfolio of residential and hospitality assets.

Additional information on Ironstate Development Company is available on the Company’s website at www.ironstate.net.