As Cheddar’s leaves, Del Frisco’s Restaurant Group is moving in.
Billingsley Company and Del Frisco’s Restaurant Group Inc. announced today that Del Frisco’s Restaurant Group will be moving its headquarters from Southlake to Cypress Waters, a 1,000-acre development that spans the cities of Dallas, Coppell, and Irving.
Del Frisco’s Restaurant Group will move all 58 of its Restaurant Support Center employees to the building currently occupied by Cheddar’s Scratch Kitchen at 2900 Ranch Trail this November.
This comes after Darden Restaurants Inc. (NYSE: DRI), who acquired Cheddar’s this March, announced they will be consolidating all Cheddar’s support functions to Darden’s Orlando headquarters.
“This is an incredible opportunity to acquire a space that aligns with the growth plans for Del Frisco’s Restaurant Group,” said Norman Abdallah, CEO of Del Frisco’s Restaurant Group. “The quality of the space, large test kitchen, and proximity to our current office were all important factors in our decision.”
Built in 2014 the 31,452 square foot building is located next door to 7-Eleven and Corelogic headquarters just off Interstate 635.
“It’s a beautiful building with great access and visibility,” said Lucy Burns, Partner, Billingsley. “Since it was custom built for a restaurant user, the building works well for DFRG.”
“Cheddar’s was our first office tenant at Cypress Waters. We are sad to see them go, but thrilled to have Del Frisco’s join the Cypress Waters community,” she said.