The torch has been passed at Torch Velvet Lounge in downtown Charleston. A restaurant owner now owns the bar at 545 King St.

Alberto Reyes of Los Arcos Mexican restaurants in Goose Creek and Mount Pleasant recently bought the bar from Mike Vitale. Reyes has brought on nightclub owner Marc Fisher of City Bar as managing partner and director of operations for Torch, which will continue to operate as is under the same name.

Torch, which has featured art exhibits, fashion shows, DJ expos, specialty acts, bands and theme parties, opened in 2005 when upper King was not the vibrant area it has become. It’s open daily until 2 a.m. with a different DJ every night.

Vitale has partnered with Dean Felber of Hootie and the Blowfish and will open a new venue in the spring in St. Petersburg, Fla.

Bling and things

Oceane jewelry and gift shop will open Monday at 223 Meeting St. next to Hyman’s Seafood restaurant, according to Jonathan Chalfie with Lee & Associates real estate firm. Owners Helen and Ashok Nayak will operate the store from 10:30 a.m. to 8 p.m. daily.

Island spice

Spice, an Asian fusion restaurant, will take over the spot on Johns Island left vacant when Lucy’s Red Sky Grill closed. It’s at 1001 Landfall Way near Bohicket Marina. A sign says it will open this month.

Sour note

Robot Candy Co. at 322 King St. in Charleston will close June 1 when its lease expires. Offers are being evaluated from prospective tenants, according to Chad Yonce of Southeastern Management Group real estate firm.

New joint venture

The Joint, a chiropractic clinic, will hold a grand opening 4-6 p.m. today at 464 Azalea Square Blvd. in Summerville. The ribbon-cutting takes place at 5. The clink is next to PetSmart. Look for refreshments and free consultations.

Pasta and pets

Eating pasta this weekend could help reduce the pet population. That’s the thought behind Pet Helpers’ second annual Spay-ghetti and Neuteroni event today through Saturday.

A dozen local restaurants will create a special pasta entree with a percentage of proceeds going to Pet Helpers’ spay and neuter clinic at 1447 Folly Road on James Island.

Dialed in

Belle Hall Shopping Center in Mount Pleasant now has a new phone store. Boost and Virgin Mobile recently opened at 644-F Long Point Road. Boost and Virgin are powered by Sprint. The shop across from CVS is owned and managed by Jason Williamson.

Do you know of a business that is opening, closing or expanding. Reach Warren L. Wise at 937-5524 or twitter.com/warrenlancewise.