“For our concept, this was the perfect location.” And you’d walk in and inside there’d be 50,000 square feet with celebrities and people dancing,” Londoño said. Next to the dumpster there was a big guy standing there with a door and no signage, nothing. “The hot night clubs in New York used to be down a dark alley. While the interior is bright and colorful, he said they’re deliberately keeping the exterior nondescript with only a small Papi’s sign and some rainbow lights. Londoño said they’ve invested around $200,000 into renovating the space, which spans two levels. CBRE’s Brad Lowry represented the Londoños in the deal. Local development firm Dodson Development Partners bought Papi’s building in a $6.8 million portfolio sale in 2019, and the Londoños leased it late last year and began work on it. The restaurant will be open for dinner and late-night, he said, and though it won’t be open for lunch hours, they plan to do Sunday brunch at Papi’s. The building was most recently home to Billy Jack’s Shack, Torero Tapas Bar & Grill and Ibiza Night Club.
