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    Steakhouse News

    North Dallas steakhouse gets locked out and relocates to Frisco

    Teresa Gubbins
    Sep 15, 2020 | 5:11 pm
    III Forks steak fillet lobster dish 2015
    Now being served in Frisco.
    Photo courtesy of III Forks

    The Dallas location of III Forks Steakhouse has closed after being locked out by the landlord, but is setting up shop in a sister restaurant in Frisco.

    Located at 17776 N. Dallas Pkwy., the steakhouse shut down on September 9 after nearly 23 years at that location. According to a release, the ongoing impact of COVID-19 was the cause.

    The restaurant relocated to 1303 Legacy Dr., taking over the space occupied by its sibling steakhouse, Silver Fox; both are part of the portfolio of Dallas-based Consolidated Restaurant Operations, Inc. The restaurant reopened as III Forks on September 15, with new signage and other updates coming soon.

    III Forks' four other locations, including one in Austin, remain open.

    The restaurant's Facebook page said that the closure was due to "unresolved mechanical issues and the effects of the storm Wednesday afternoon."

    A staffer who answered the phone said that the landlord opted not to renew the lease, while a spokesperson for the landlord, Dallas Stake Investment, said they were locked out for nonpayment of rent. "We tried to work with them and gave them a lot of options, this went back over a long period of time, before COVID-19," he said.

    But III Forks' statement said it was entirely post-virus.

    "Despite the crisis brought on by the current pandemic, III Forks has been unable to reach a mutually acceptable solution to a dispute with the California-based absentee landlord of the Dallas North Parkway location," they said.

    CRO vice president Bill Watson said that the restaurant did have mechanical issues.

    "The storm brought on a shutdown of power which short-circuited a number of pieces of equipment," he said. "As we attempted to power back up, we reached an impasse."

    He said this is the only location where they've had an issue with an intractable landlord.

    "During the past six months, we have tried to engage every one of our real estate partners to work creatively and come up with a solution to allow for the continuance of business and rent to our landlords," he said. "In this environment, every other landlord has been working with us cooperatively."

    The Dallas location is unusually large with more than 25,000 square feet, big enough to accommodate gatherings of up to 900 — sadly useless during these times.

    "We had been contemplating moving to Frisco as a way to work out of our issues," Watson said. "We need to be operating in a location that is scaled correctly to how we see ourselves going forward as a steakhouse, and with a landlord we can we can rely on. We think moving to Frisco is an extraordinary opportunity for both customers and staff."

    III Forks was created in 1998 by restaurateur Dale Wamstad, who'd just left Del Frisco's Double Eagle Steak House. As noted by D Magazine, it was unlike other high-end steakhouses in Dallas, in that steaks came with sides such as duchess potatoes, sugar snap peas, and creamed corn.

    Wamstad sold it to Consolidated in 2000, when Consolidated was still owned by restaurateur Gene Street; Street left in 2007.

    Consolidated also owns the El Chico and Cantina Laredo chains, plus a few independents such as Lucky Cafe on Oak Lawn Avenue. They owned Cool River Cafe, which shut down in the spring.

    In April, CRO's CEO John Harkey said that the company had laid off 4,000 people, and called COVID-19 "devastating."

    closings
    news/restaurants-bars

    Closing News

    Longtime Dallas restaurant Sevy's Grill to close after nearly 30 years

    Teresa Gubbins
    Dec 12, 2025 | 2:48 pm
    Sevy's Grill
    Photo courtesy of Sevy's Grill
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    A longtime Dallas restaurant is closing in 2026: Sevy's Grill, which has been open at 8201 Preston Rd. near Preston Center for nearly 30 years, will close on June 27, 2026.

    According to a release from the owners, they're closing due to what appears to be an increase in rent.

    "After months of negotiations, we were not able to come to a mutually beneficial agreement for our fourth 10-year lease," the post said.

    The restaurant is located in Preston Sherry Plaza, which was acquired in September 2025 by Austin-based Endeavor Real Estate. Somebody gotta foot the bill.

    Sevy's says they are looking at other locations.

    "Our focus now is to finish these next 6+ months taking care of our guests and staff at the same caring level we built our brand on: Warm, professional service, consistently good food and a comfortable ambiance where the guest is always first," the post says. "First on our list of priorities is taking care of our guests in December and all the wonderful celebrations of family, friends and business groups. We do still have some availability for reservations, including our last New Years Eve at Preston Sherry. Come celebrate with us as the exciting anticipation of a new year for all of us."

    "Our second priority will be the search for a new location to continue doing what we love," they said. "We are already reviewing possible sites and will keep everyone updated regularly."

    Owned by chef Jim "Sevy" Severson and his wife Amy Severson, the restaurant has long been a neighborhood favorite with a lively bar scene, and was nominated in CultureMap's 2018 Tastemaker Awards for Best Neighborhood Restaurant. They were a frequent choice for winemaker events and are also known for the longevity of their staff.

    "Eight team members have been with us all 29+ years, with an average tenure in the kitchen of 15+ years and a Management team that you all know," their post said. "Come support our staff as we celebrate the next 6+ months.Thank you again for your support through all the normal challenges of running a restaurant as well as economic downturns, market bubbles, Y2K, and of course the COVID era. As I tell my family and friends to “enjoy the ride in life”, wow, what an amazing ride it has been for us! And as always, Sevy’s Grill is here for you."

    news/restaurants-bars

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