IKI Nori Expands Restaurant to Palms

• Operator: IKI Hospitality founder Jeffry Undiarto plans to bring IKI Nori to 3688 Overland Avenue, Los Angeles, CA 90034, in the new Venue development.
• Opening timeline: The restaurant is targeting the first or second quarter of 2027, according to Undiarto.
• New restaurant format: The location is expected to combine IKI Nori’s sushi hand roll bar with IKI Ramen + Sushi, creating a dual-concept dining destination.

What Jeffry Undiarto Is Planning for Palms

IKI Hospitality is expanding its restaurant footprint westward, bringing IKI Nori to Palms at 3688 Overland Avenue. The new location will occupy a corner space in the Venue development, giving the Los Angeles-based group a presence closer to its established Westside customer base. Founder Jeffry Undiarto confirmed the team is targeting an opening in the first half of 2027. The Hollywood location of IKI Nori currently operates at 6464 Sunset Boulevard, while IKI Hospitality also runs concepts including IKI Ramen + Sushi, AKAMI Sushi and Padi Indonesian. The move is designed around customer demand rather than simply adding another location. Undiarto said many regulars have come from the Westside since IKI Ramen opened in 2018, prompting the group to bring its dining concepts closer to those guests.

What the Combined Restaurant Concept Will Offer

The Palms location is expected to bring IKI Nori and IKI Ramen + Sushi together under one roof, a first for IKI Hospitality. Guests will be able to choose between a casual ramen meal and sushi or hand rolls at the bar, allowing the operator to serve different dining occasions from a single location. IKI Nori’s menu includes à la carte sushi, hand rolls and omakase options. The combination could help the restaurant appeal to both quick-service diners and customers seeking a more premium Japanese dining experience.

What Venue Brings to the Palms Retail Market

The restaurant will occupy space at Venue, a mixed-use development by Helio, formerly known as Oakmont Capital. The project spans the Overland Avenue and Keystone Avenue area and includes approximately 205 apartments across two buildings, with ground-floor commercial space. The residential base and surrounding Westside neighborhoods provide a built-in audience for restaurants. Commercial property listings have also highlighted the area’s apartment density, traffic along Overland Avenue and proximity to Culver City as potential advantages for retail tenants. The broader Los Angeles retail market remains competitive. Colliers reported that Greater Los Angeles retail vacancy reached 6.38% in the second quarter of 2026, even as leasing activity increased to 3.2 million square feet. That backdrop makes established operators with repeat customers valuable prospects for landlords seeking dependable retail occupancy.

What IKI Nori’s Expansion Signals for Investors

IKI Hospitality’s move illustrates how restaurant operators can use mixed-use residential developments to reach new customers without opening in a standalone retail property. For landlords, food-and-beverage tenants can add daily activity to ground-floor space and give residents convenient dining options. The opening remains targeted for the first half of 2027, and further details on the lease and restaurant size have not been announced. If the dual-concept format succeeds, it could offer IKI Hospitality a way to grow its Westside presence while giving Venue another food-and-beverage destination.