Cipriani — the iconic multigenerational hospitality empire — is planning to open a restaurant in Beverly Hills at 362 N. Camden Drive, THR has learned. Multiple sources say that the company, known for its huge event spaces in New York and restaurants around the world, has taken a lease at the space, which was most recently occupied by Madeo. (The star-beloved Madeo found a temporary home on Camden in 2018 after leaving its longtime Beverly Boulevard location.)

The 362 N. Camden Drive space is two stories and could presumably include a restaurant on the ground level and events space above. Run by Ignazio and Maggio Cipriani, the family’s fourth generation of businessmen, the Cipriani name originally became known for the family’s first location, Harry’s Bar, which was opened by bartender Giuseppe Cipriani in 1931 in Venice, Italy, and is credited with inventing the Bellini cocktail and the raw beef carpaccio dish.