Fogo de Chão, the internationally renowned Brazilian churrascaria founded over 46 years ago, has signed a new lease agreement for a location at Ipanema Beach in Rio de Janeiro, Brazil. Expected to open in 2027, this will be the brand's third restaurant in Rio and its tenth in Brazil, marking a significant milestone in its global growth strategy.
New Restaurant in Iconic Ipanema Neighborhood
Set in the heart of Ipanema, an upscale, world-famous beachfront neighborhood known for its vibrant culture, stunning coastline, and sophisticated dining scene, the new restaurant will be part of the Jardim de Alah development. This thoughtfully designed public space fosters community connection while honoring Rio's rich cultural heritage. The restaurant will blend timeless design with the inviting warmth of Brazilian hospitality, reinforcing Fogo's commitment to its authentic origins.
CEO Statement on Expansion
"Expanding into Ipanema represents an important step in our global growth strategy to bring the Culinary Art of Churrasco to the world," said Barry McGowan, CEO of Fogo de Chão. "As one of Rio de Janeiro's most iconic and internationally recognized neighborhoods, Ipanema provides a strategic location for strengthening our presence in Brazil while continuing to elevate the Fogo experience worldwide. With growing momentum in key international markets like Chile and the United Kingdom, each new opening in Brazil reflects our deep roots in the culture that defines who we are."
Global and Domestic Growth
Fogo continues to grow organically across key domestic markets including São Paulo, Brasília, Rio de Janeiro, and soon Belo Horizonte, while simultaneously expanding its presence in major capital cities worldwide such as Santiago, Chile; Manila, Philippines; Tegucigalpa, Honduras; Quito, Ecuador; Dubai, United Arab Emirates; and Mexico City, Mexico.
Partnership with Jardim de Alah
"We're proud to welcome Fogo de Chão to Jardim de Alah," said Cassio Lopes, Commercial Director of Jardim de Alah. "Our vision has always been to reintroduce this area as a vibrant, open, and community-oriented destination. Fogo's Brazilian heritage and its lively, celebratory dining experience make it an ideal partner as we bring new energy and connection to the neighborhood."
Strengthening Presence in Brazil
With this latest opening, Fogo continues to strengthen its presence in Brazil while advancing its broader international growth strategy across key global markets, with a particular focus on establishing restaurants in leading capital city destinations. "Ipanema represents a powerful opportunity to deepen our connection with guests in our home country in one of Brazil's most influential and internationally recognized neighborhoods," said Paulo Antunes, Brazil Country Manager of Fogo de Chão. "As Fogo continues to expand around the world, strengthening our presence in key Brazilian markets remains essential to our long-term strategy. This new location allows us to honor our heritage while delivering an elevated experience that reflects the global evolution of our brand."
