New Greek Restaurant to Open in Downtown San Jose
A new Mediterranean and Greek restaurant from the owners of Flames is scheduled to open in downtown San Jose by late summer. The establishment will replace the former E&O Trading Company location, becoming the only Greek restaurant in the immediate downtown area.
It appears the information about a new Greek restaurant from the owners of Flames replacing the former E&O Trading Company is based on outdated news from 2011. The location at 96 S. 1st Street in downtown San Jose has since been home to other establishments. Here is the current status of that location and additional context on the downtown San Jose dining scene: * The space formerly occupied by E&O Trading Company is now the location of Elyse, a restaurant featuring elevated French-Vietnamese cuisine. Elyse opened in May 2024 and offers dishes like glazed seabass, braised short rib bourguignon, and caviar blinis. * Prior to Elyse, the location at 96 S. 1st Street was home to Nemea Greek Taverna, which brought upscale Greek dining to the area. * The downtown San Jose restaurant landscape has seen significant growth, with a record 933 new food business tax certificates issued by the city in the last three years. * While the Flames-backed Greek restaurant did not come to fruition in that specific location, downtown San Jose has recently welcomed other new dining concepts. These include Eos & Nyx, a two-story restaurant with Mediterranean influences, and The Pressroom, an upscale restaurant and bar. * The city's food and restaurant sector has seen strong recovery and growth, with sales tax revenue in the first quarter of 2025 surpassing pre-pandemic levels by 21%. * A different former Flames location, the Flames Eatery & Bar on Fourth Street, closed in 2022 and has since been replaced by Home Eat, a Chinese restaurant.
