The owners of the Keyport Fishery are planning to build a new bayfront eatery, just across from their current location.

The idea is to open a Tiki Bar-style restaurant with a different menu from what the fishery offers.

Town officials have already approved the plan.

"It's going to be a very large deck, three-tiered, so you'll have nice views of the city basically from any one you'll be sitting or hanging out on," says owner Kevin Nosti.

The hope is to begin construction in the summer and open by next March.

The property that was purchased was once home to the old Ye Cottage Inn, which was operational for several decades.

The business was destroyed by Superstorm Sandy.