The Space Downtown was created in late 2010 by owners chefs Tim Burgess and Vincent Derquenne. The two have been partners since 1991, creating their first restaurant Metropolitain which operated in the same location as the Space. It closed in 2003 and the chef pair sold the restaurant but remained owners of the building. In early 2010, the location became vacant and the two decided to open for private parties only. In addition to the Space Downtown, the pair operate Bizou and Bang restaurants, all three close in vicinity to one another.