Square Peg to close; Magrogan stepping in

Square Peg won't be 'round past Saturday, June  8.

The bilevel diner/bar, which opened to high hopes a year ago at 10th and Walnut Streets, is being shut down and sold off to the Dave Magrogan Group, which plans a new concept. (Dave did not mention this deal yesterday when I called him to ask about his impending takeover of Firecreek in Downingtown.)

Square Peg's statement: "We’d like to start off by saying thank you for all of the wonderful support we have received over the past year. We’ve had a lot of fun, ate a lot of delicious food and made some really remarkable connections. It has been an absolute pleasure to serve the Midtown community. Though bittersweet, we're pleased to announce the sale of the restaurant to the Dave Magrogan Group. Look for the debut of their new concept later this year. Saturday, June 8th will be our last day of business."

Magrogan said he was kicking around a couple of ideas for the space.

Barry Gutin and Larry Cohen of GuestCounts Hospitality opened Square Peg in spring 2012 on the former site of a Marathon Grill. Chef Matt Levin was at the helm but stepped aside earlier this year.