The high-end Red, the Steakhouse announced plans to open next year at the $230 millionPinecrest development in Orange Village.

The restaurant at Pinecrest, which is being built at I-271 and Harvard Road, will replace Red, the Steakhouse’s original location in Beachwood. Executive chefs Jonathan Bennett and Peter Vauthy will continue to be at the helm of the kitchen at the Pinecrest site, according to a news release.

“When considering a new location for Red Beachwood, we compiled a list of requirements and Pinecrest met our criteria,” said Brad Friedlander, CEO of Red Restaurant Group, operator of Red, the Steakhouse, in a statement.

He said Pinecrest “combines location, a prestigious address and opportunities that we believe will enhance the Red, the Steakhouse experience.”

Cleveland-based Red Restaurant Group has Red, the Steakhouse locations in Beachwood, Cleveland and Miami Beach, Fla., and it plans to open one this year in Indianapolis. It also runsMoxie, the Restaurant in Beachwood.