Nick Nanakos is taking the long view.
Founder and CEO of Austin-based ZIKI, Nanakos is on a "multi-decade, global-scale conquest to build the most significant company to ever exist in food."
His Spartan ancestry has made him a fighter for excellence, and his Macedonian heritage (think Alexander the Great) may be what helps drive him toward empire.
Venture capital firm Gigafund, core Elon Musk backers who invested more than $1B into SpaceX, are backing Nanakos's expansive vision of disrupting and transforming the food industry on an industrial scale.
His plan to optimize and re-aggregate multiple elements—ingredients, chefs, cooking techniques, agriculture, teams, factories, real estate, systems, technology, design, and logistics—all integrated on a foundation of proprietary technology, reminds at least one of his investors of a famous trillion-dollar Austin-based company.
"ZIKI is approaching restaurants the same way Tesla approaches cars—with a master plan to be the fastest, most creative company in the category," said investor Ryan Metzger.
ZIKI is short for "Tzatziki," Greek cuisine's most iconic flavor
ZIKI is a fast-casual restaurant serving Greek & Mexican fusion. Signature bowls, zurritos, salads, sides, drinks, and desserts. The brand's hot pink color illuminates from a distance and is impossible to miss. Food is prepared fresh daily. Veggies, dairy, and meats are sourced locally.
The Zurrito, Greek Fries, Falafel Bowl, Gyro Bowl, Pork Bowl, Quezzadilla
Head of Quality Control, Chef Mo, outlines the system and philosophy: “Proper food sourcing, agricultural partnerships, and quality control systems are imperative to our kitchen operations. The food must always look good, and make people feel good as well."
Nanakos says that it’s as much about the heart as it is the head. “Food is a passion business. Embracing our chefs by creating the best possible environment for them determines the outcome of the food. Our chefs are the backbone to our business. When they are happy, they thrive.”
Get ready, Austin—you're about to turn pink
With the boost from Gigafund, ZIKI's goal is to quickly have the largest restaurant presence in all of Austin, before expanding to other cities.
"Austin's love of food, culture, and tech are what add to its vibrancy," says ZIKI’s Head of Marketing, Kat Vasylyshyn. "We're painting the city pink."
ZIKI is a member of the largest commercial kitchen in Texas. This serves as their central point of logistics for local restaurant operations. Food inventory arrives here from suppliers. It's prepared on-site, ensuring the highest quality, with an added level of safety and control.
A fleet of Sprinter vans brings the food to modular kitchens for final prep.
ZIKI's systems identify areas with the highest order volume densities and target those areas for placement of new kitchens.
Getting big fast: Why ZIKI is the Tesla of restaurants
CEO Nick Nanakos is not afraid to state his bold plan: "Our vision is to become the fastest-growing restaurant company on the planet, with unstoppable unit economics."
That doesn't just happen on its own. ZIKI's Chief of Staff, Anthony D'Apolito III, says the Gigafund backing is the green light for a fast start: "We've spent an enormous amount of time building systems prior to our funding, which has positioned us well for scale, and that's showing now in how quickly we're moving."
ZIKI believes that a restaurant should control its own expansion destiny. This is why they're vertically-integrated, manufacturing modular restaurants in the company's Texas factory.
Cutting-edge developments in manufacturing, technology, real estate, and hiring complete the picture.
ZIKI is a company led by a driven, visionary founder that's ready to conquer the world, starting by making you happy with their Greek/Mexican fusion fare, right here in Austin.
Flyers are less satisfied with the Austin-Bergstrom International Airport than a year ago, a new study shows.
Research firm J.D. Power placed ABIA at No. 15 on a list ranking overall customer satisfaction at large airports, a slip from last year’s spot at No. 7. Other Texas airports secured rankings ahead of Austin, with Dallas Love Field at third, Houston Hobby at eight, and San Antonio International Airport at ninth.
Dallas/Ft. Worth ranked eight in the "mega airport" category.
The study examined airports based on the following factors: terminal facilities; airport arrival/departure; baggage claim; security check; check-in/baggage check; and food, beverage and retail.
On a 1,000-point scale, Austin-Bergstrom received 785 points this year compared to its score of 819 in 2021.
Passenger experiences at Austin-Bergstrom have been influenced by population growth in Central Texas, which has brought record traffic and longer wait times at TSA. And a recent power outage at Austin-Bergstrom caused flight delays. Michael Taylor, travel intelligence lead at J.D. Power., said that consumer satisfaction with flying has decreased overall.
“The combination of pent-up demand for air travel, the nationwide labor shortage and steadily rising prices on everything from jet fuel to a bottle of water have created a scenario in which airports are extremely crowded and passengers are increasingly frustrated—and it is likely to continue through 2023,” Taylor said.
Bailey Grimmett, a spokesperson for ABIA, commented on the ranking.
“We're grateful that AUS customers continue to rank our airport above average, especially during this year that saw air travel disruption here in Austin and across the globe as airports, airlines and the air travel industry continued navigating the impacts of the pandemic,” Grimmett said. “We look forward to delivering near-term and long-term improvements through our Journey With AUS program to improve the passenger experience.”
That program is slated to bring a new midfield concourse to increase gates and connect to the Barbara Jordan Terminal through an underground connector tunnel.
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By Jonathan Lee
The Planning Commission was split Tuesday on whether to help save an eclectic lakefront estate from demolition by zoning it historic amid concerns over tax breaks and the likelihood that a previous owner participated in segregation as a business owner.
The property in question, known as the Delisle House, is located at 2002 Scenic Drive in Tarrytown. The main house, with Spanish and Modern influences, was built in 1923 by Raymond Delisle, an optician. A Gothic Revival accessory apartment was built in 1946. The current owner applied to demolish the structures in order to build a new home.'
Historic preservationists, for their part, overwhelmingly support historic zoning, which would preserve the buildings in perpetuity. The Historic Landmark Commission unanimously voted to initiate historic zoning in July, citing architectural significance, landscape features and association to historic figures. City staffers recommend historic zoning, calling both structures one-of-a-kind examples of vernacular architecture.
Tarrytown neighbors have also banded together to stop the demolition. Many have written letters, and a few spoke at the meeting. “How could anyone buy this property with the intent of destroying it?” Ila Falvey said. “I think it’s an architectural treasure.”
Michael Whellan, an attorney representing the property owner, said that the claims made by preservationists are shaky. The buildings are run down, he said, and have had substantial renovations. A structural engineer hired by the owner said any attempt at preservation would involve tearing down and rebuilding – an undertaking Whellan said would likely cost millions.
Whellan also argued that any historical significance derived from the property’s association with Delisle and longtime owner C.H. Slator is dubious. “These men are not noted for any civic, philanthropic or historic impact,” he said.
What’s more, according to Whellan, Slator likely participated in segregation as the owner of the Tavern on North Lamar Boulevard between 1953 and 1960.
A city staffer, however, said she found no evidence to support the claim. “We would never landmark a property where a segregationist lived, or there was a racist person,” Kimberly Collins with the Historic Preservation Office said.
Commissioner Awais Azhar couldn’t support historic zoning in part due to lingering uncertainty about Slator. “Focusing on that factor is not here to disparage an individual or family. It is not about playing the race card. This is an important assertion for us to consider as Planning commissioners,” Azhar said.
Commissioner Carmen Llanes Pulido said that allegations of racism should come as no surprise. “We’re talking about white male property owners in the 1950s, in Austin, on the west side – and of course they were racist,” she said. But she argued that allowing the house to be demolished based on these grounds does nothing to help people of color who have been harmed by racism and segregation.
The question of tax breaks was also controversial. Michael Gaudini, representing the property owner, said that the tax breaks associated with historic zoning would exacerbate inequality by shifting property tax burdens to less affluent communities. City staffers estimate that the property, appraised at $3.5 million, would get either a $8,500 or $16,107 property tax break annually, depending on whether a homestead exemption is applied.
Commissioner Grayson Cox preferred the commission focus not on tax breaks but on whether the structures merit preservation. “To me, nothing in the historic preservation criteria lists, is this person deserving of a tax break or not?”
Azhar, on the other hand, said he plans to propose a code amendment getting rid of city property tax breaks for historic properties.
The commission fell one vote short of recommending historic zoning, with six commissioners in support and three opposed. Azhar and commissioners Claire Hempel and Greg Anderson voted against.
The odds of City Council zoning over an owner’s wishes are slim. Nine out of 11 members must vote in favor, and there have only been a handful of such cases over the past several decades.