Mode is aiming to be a destination venue, offering limited edition "immersive experiences" every six months, including changing food, drink, artwork and live music inspired by different eras of the area's history. The first chapter, called Future Vintage, will be inspired by the Industrial Revolution.
The site will be open from Wednesday to Saturday in the evenings, closing at 3am on Friday and Saturday night.
Executive chef Andi Oliver will create classic-with-a-twist dishes for the site, split between sharing plates and single courses.
Examples include blood orange and vodka cured salmon; miso-glazed pollock cheeks with pak choi chive flowers and a roast cauliflower cream waffle; and fillet of spiced chocolate rubbed beef with ginger pickled radish and chocolate horseradish, honey and wild garlic butter.
Desserts will include "sweetie shop"-inspired dishes, including lemon sherbet & vanilla bean cream ice lollies, a white chocolate coconut bar, and a dark chocolate-dipped marshmallow served with pink prosecco.
There will also be signature cocktails, changing with each new chapter.
Artwork will focus on local but well-known street artists, such as Obey Giant and Andrew Cross. The restaurant's centrepiece will be a six-metre sculpture of a "mutant Spitfire" by car artist Ruby Soho, while the ground floor will showcase a floor-to-ceiling flame-throwing pipe organ that was salvaged from a disused church.
Every Thursday night will see live music - from both signed and unsigned artists â' performed alongside dinner service, while every other night will feature entertainment from resident DJs and live performers.
Commenting on the opening, Oliver said: "Our food draws inspiration from all over the world, intertwining simple and beautiful ingredients to create a little bit of everyday magic on your plate."