The Chesapeake, which was closed for business last week, will reopen under new management.
The restaurant's owners have entered into a management contract with the Karzai family, whose restaurants in Baltimore include Tapas Teatro and The Helmand.
Helmand Karzai, who is a partner in the restaurant group started by his father, Qayum Karzai, said that the family will soon release further details about the restaurant, including its menu and its new name. The family is working to complete interior renovations to the space in time for the annual Artscape festival, scheduled to begin on July 18.
The Chesapeake's opening last June was greeted as a welcome return for the long-shuttered property on the corner of Charles and Lafayette streets, which had once housed a Baltimore dining institution, the Chesapeake Restaurant, which flourished in the 1950s and 1960s.
The restaurant property was purchased from the city in 2010, along with adjacent lots, for $2.5 million, by Station North Development Partners LLC developers Michael Shecter and Ernst Valery.