The building was recently bought from OCU by Daniel Chae who will soon start a remodel with a planned opening of this fall.
The converted home at the northeast corner of NW 23rd and Virginia was owned by the university for a number of years and was formerly the BLUEtique.
After a major renovation and addition of a large patio facing 23rd Street, Rehearsals Grill opened in January 2014 but closed in May that same year and has since remained shuttered.
Daniel Chae also owns and operates All About Cha Coffee and Tea House at 7300 N. Western in Nichols Hills.
Chae's plans for his namesake restaurant include a menu developed by Kevin Lee of Vast and executed by chef Taylor Desjarlais, the most recent graduate of the Coach House Apprentice Program.
The table-service restaurant will offer a full bar and feature menu items at a medium price-point.
Hours are projected ot be 11AM to 11PM Sunday through Thursday and staying open until 2AM on Friday and Saturday.
Work on the restaurant is expected to start soon.