Southern California’s next hot restaurant opening is a collaboration that could only be born in Los Angeles: bringing together a revered chef, a successful filmmaker, and one of Los Angeles’s most recognizable billionaires. Chef Nancy Silverton, of Osteria Mozza and Chi Spacca fame, will open Spacca Tutto at local magnate Rick Caruso’s retail restaurant property Palisades Village in August 2026.

In January 2025, the devastating Palisades Fire damaged Palisades Village, which Caruso temporarily closed. Since then, the founder and executive chairman has been considering how and when to reopen his tony retail, entertainment, and restaurant complex. Caruso tells Eater that a flagship restaurant with an Italian steakhouse menu by Nancy Silverton, in partnership with River Jetty Restaurant Group co-founder Joseph “McG” Nichol (who directed Charlie’s Angels in a previous lifetime), seemed like it could be the right project to revive Palisades Village. Caruso had already been in talks to collaborate with Nicol, who operates Newport Beach’s A Restaurant, A Market, and other dining destinations throughout Southern California.

“When we were imagining the reopening of the Village, I knew we had the best restaurant location,” says Caruso. “The first person I thought of was Nancy. She’s an LA original. So I cold-called her and said, ‘I’ve got a big, crazy idea.’”

The trio has spent the last four months conceptualizing Spacca Tutto. Silverton hopes to channel her longtime Melrose restaurant and meat palace Chi Spacca with a steak program that showcases American steakhouse classics, salads, seafood, and seasonal vegetable dishes. She’ll throw her creativity at the bar menu with smaller dishes, including a fun twist on a corn dog. Spacca Tutto, which translates to “Go for it,” or “Give it your all,” will feature 250 Italian and domestic wines, as well as an easy cocktail menu. “An Italian steakhouse gives you a lot of room. I love having that flexibility,” Silverton says. “It gives you that feeling of wanting to eat there every night.”

Caruso says the Palisades Village remediation is going well, with mostly exterior damage to address (Caruso’s retail compound was protected by private firefighters the night of the Palisades Fire and survived with its structure intact). Caruso says he made the choice to take everything down to the studs, treat the wood, and brought in environmental engineers to certify that no chemicals or smoke were still present. Design company Avroko is developing the 3,000-square-foot Spacca Tutto with plans for a 1,500-square-foot patio and bar with a piano.

Silverton still operates Pizzeria Mozza, Osteria Mozza, Mozza2Go, and Chi Spacca, but has two additional projects lined up for 2025: Italian-Korean pasta bar Lapaba in Koreatown and Max and Helen’s diner in Larchmont, a restaurant she’s opening in partnership with television host and producer Phil Rosenthal. Ultimately, she says, she looks forward to the possibilities at Spacca Tutto. “When you are in the space for the first time, it doesn’t feel like a sprawling chain restaurant in a mall,” she says. “It really feels personal with natural light. I love the feeling that it’s going to be a personal restaurant in a beautiful community.”

See renderings for the future restaurant below.

Starting in August 2026, Spacca Tutti will operate at 15225 Palisades Village Lane, Pacific Palisades, CA, 90272.