The Boston Red Sox have signed a lease with Patrick Lyons to open a restaurant under the center field bleacher seats that look onto their storied field and open onto Lansdowne Street. Lyons, who owns Game On!, Avalon and Axis in the shadow of Fenway Park, won the bid from the Sox brass following competition among several restaurant operators.

“I think it’s a great idea and if anyone can make it work it’s Lyons, because he knows that street,” said Jamie Tipping, co-owner of the Boston Sail Loft and one of the hopefuls who unsuccessfully bid on the project. “It will blend well into his plans to raze his Lansdowne Street nightclubs and replace them with a new venue. I’m sure he will make sure that all the restaurants and concepts on that street jell.”

Sam Hawkey, one of the brokers from The Dartmouth Co. who handled the deal, which was first reported Friday on Banker & Tradesman’s Web site, said the 3,000-square-foot space has been available for a while. They searched for someone who not only could transform the unique space but fit the family-friendly atmosphere in the nation’s most beloved ballpark.

“The space itself is in raw condition. It’s basically a vacant cavity under the bleachers,” he said. “Plus the exterior wall is historic, so it’s not just a matter of the Sox handing someone the keys and letting them cut through the wall and create an opening.”

One source told Banker & Tradesman that among the competitors were the Baseball Tavern; Jack Kiley, owner of the Sevens Ale House on Beacon Hill; and the Cask’n Flagon. The base rent will be in the $35 to $45 per-square-foot range, but the new owner faces renovation costs of up to $2 million, the source added.

William Richardson, president of the Fenway Civic Association, said the team held neighborhood meetings to give residents a heads-up that the restaurant was coming.

“Some neighbors believe there are too many places to drink already in the Fenway neighborhood,” he said. “But I don’t think another bar will attract more people; it will just give people who come here more choices. I’m not opposed to the idea.”

Last winter, Janet Marie Smith, the Red Sox’s architect who is behind many of the recent improvements at the park, went looking for the right eatery in an area formerly occupied by the batting cages.

Originally, the team wanted a pub that would look out onto the diamond during games. But Sox players worried that glare from the restaurant could have an adverse effect on batters. Still, the restaurant will have a view onto the field on non-game days.

Richardson said he has been encouraged by Lyons’ plans to lower the capacity of his Lansdowne Street nightclubs when they raze Axis and Avalon to make way for a new performance center.

In May, the Boston Redevelopment Authority approved a 2,500-capacity music hall at 15 Lansdowne St. The Lyons Group, the owner and developer, plans to demolish the nightclubs in order to construct the 35,000-square-foot music hall. The facility will feature a ground floor, a small mezzanine and a large balcony level, resulting in a better and less crowded experience for concert-goers, according to the developer.

The adjacent Modern Club will be renovated into a new restaurant, further extending the hours of people visiting the street. Additionally, the Embassy Club space will be transformed into restaurant space. To be completed in the near future, the project includes a second phase – consisting of a 14,000-square-foot, 450-person function facility to be built on the upper level.

Also under discussion are plans for One Kenmore, the $400 million residential and retail development over the Massachusetts Turnpike between Kenmore Square and Fenway Park.

The latest plan for the parcel offers 1.3 million square feet of development on four so-called air-rights parcels that straddle the turnpike. If approved, the project would be built on 75,000 square feet of land bounded by Brookline Avenue and Maitland and Beacon streets, including the Yawkey commuter rail station parking lot and 85,000 square feet of air rights.

Mayor Thomas M. Menino said he hopes the projects will generate the rebirth of Lansdowne Street. “I’m excited to see Lansdowne Street getting the facelift that it deserves,” he said.