The One Group has announced it has completed an agreement to open its first STK sites in Texas – with an STK Rebel in Austin and an STK in Dallas.
Both restaurants are projected to open in 2016, with the Austin outlet to offer a 7,00 sq ft restaurant and 4,000 sq ft rooftop deck at 305 East 3rd Street in Downtown Austin. STK Dallas will be located at 1899 McKinney Avenue with more than 14,000 square feet and will include a patio and 6,500 square foot rooftop restaurant/lounge.
Jonathan Segal, chief executive of the One Group, said: “Texas is a one-of-a-kind state, and we couldn’t be more thrilled to bring the one-of-a-kind STK experience there. Austin and Dallas are both booming cities, and particularly given the prime locations with indoor and rooftop space we have secured, we’re extremely excited about entering these markets.
“We remain focused on our goal to expand the STK Restaurants brand and execute on our growth strategy, and are confident Austin and Dallas are ideal choices to help us do so.”
The One Group recently signed an agreement with BankUnited, N.A. for a second term of up to $6m to help facilitate further growth.
This announcement follows the opening of STK Milan in May and the planned upcoming openings of STK Orlando, STK Chicago and STK Rebel Denver later in 2015.