It was announced Opera restaurant, located in the South Loop, has shut its doors. Many visited the popular night spot, with elegant Asian cuisine, opened by Jerry Kleiner a few years back (as I recall). If you read the reviews, some either loved it or hated it, very few were in between. Were the high-priced meals a bit much in this economy?
Is the South Loop now over saturated with upscale restaurants? Is there too much competition? Not sure, but rumor has it, Opera will become a sports bar in the upcoming months. Probably a better choice, to open in the area, as many are looking for good food at a good price.