Frederick has been dreaming of a place like this for decades, and now the Banyan project is underway at 216 East Patrick Street. Bringing this project to life are husband and wife duo, Dan and Staci Caiola, who are both trained chefs by trade. Named after beloved shade trees you often spot in the Caribbean and Key West, the Banyan will bring amazing new opportunities to Downtown Frederick as a 17,000+ square foot, three-story building converts to a live-music, event venue and restaurant.
Current front of the new Banyan building
Our City Economic Development team recently toured the Banyan to learn about the extensive building renovations and to learn about the new addition that will be constructed. The ground level space will house a restaurant with a speakeasy flair – including private dining options and specially stocked libations. The second-floor venue space will provide an industrial party flair to your special event or weddings with a seating capacity of approximately 275. The space also will provide options for regional touring acts to perform music in a concert setting with state-of-the-art sound and lighting and green room. The building addition will expand the current footprint to include an elevator, impressive commercial kitchen, and more!
And to top off the project, the Banyan will include Frederick’s the largest roof-top bar in downtown - providing incredible views of the city’s historic vista. With eclectic furnishings and comfortable community and lounge areas, this open-air rooftop bar will also feature live music as well as its very own “food truck” dubbed “The Hangry Rooster.” You’ll be able to rent the area for public or private events. Stay tuned! You won’t want to miss when they “lift” this special showstopper feature to the rooftop later this year.
The $6 million adaptive reuse project is located adjacent to the new Downtown Hotel and Conference Center site and the former Trolley Building which is now being renovated for office and retail space. The Banyan’s ground floor restaurant and event venue is slated to open first, tentatively first quarter 2026. The rooftop bar will open next spring!
Keep the Banyan on your radar! It will be the kind of place that you come to enjoy the food and music and stay for the experience! The Bayan will truly be a Frederick trifecta!
Rendering of the completed Bayan project
The City of Frederick’s Department of Economic Development features upcoming projects as part of its blog. If you have an interesting project in the pipeline, reach out to our team about a future feature article. Email - businessinfrederick@cityoffrederickmd.gov