SA Brain, the brewer and pub operator, is set to reopen the restaurant atop Swansea's £70m Meridian Tower.
The Penthouse restaurant, which is located on the 29th floor of the 300ft tower overlooking Swansea, Bristol Channel and Brecon Beacons, first opened last December.
However it shut in April, just four months after opening, after the former operator Peter Way Restaurants was declared bankrupt and taken to London's High Court over thousands of pounds in unpaid wine bills.
Developer Earthquake UK reoccupied the site and remarketed it, looking for a new operator.
The company said contractors were on site refurbishing the tower's top two floors with a view to reopening it as an all-day dining destination, Grape and Olive, in mid-November.