Brooks Cloud of parent company 10 Apart Hospitality Group cited a legal battle with landlord Jamestown as the reason for the cocktail lounge and restaurant's closure.
Studioplex will be home to the restaurant's second-ever location outside of its Florida headquarters.
'It was a very poor decision on ownerships part to have that type of tenant at Southern Dairies and we apologize for the disturbance and appearance of the building and the grounds.'
Taste up to 85 craft beverages by the ounce at the 'world's largest' self-pour bar.
First 100 people in line when the doors open at 11 a.m. will receive a 'Social Status' t-shirt Saturday.
SPX Alley will be home to the eatery and neighborhood market.