The Texas State University System Board of Regents has approved a 10-year lease between Texas State University and Kerbey Lane Cafe, Inc., bringing the popular Austin-based restaurant to San Marcos.
The board approved the contract during its quarterly meeting May 23 in San Marcos.
Kerbey Lane Cafe will assume operation of the university-owned restaurant facility located on the San Marcos River at 221 Sessom Drive. The location currently houses a Saltgrass Steakhouse, but Landry’s, Inc., the parent company, has informed Texas State of its intention to vacate the premises and allow the current lease agreement to expire at the end of the current term, Dec. 31.
“The setting of the university’s restaurant at the spillway of the Spring Lake Dam is one of the most unique and picturesque sites in Central Texas,” said Eric Algoe, vice president for Finance and Support Services at Texas State. “We knew when we began the search for a new operator that we had to find a restaurateur that would embrace this opportunity to create a true destination.
“Kerbey Lane stood out from the beginning due to their passion for coming to San Marcos, their innovative thinking about the use of the site, their extensive, affordable and delicious menu and their unrivaled reputation,” he said. “The university is very happy to be bringing a restaurant to San Marcos that will have great appeal to our students and to the entire San Marcos community.”
Founded in 1980, Kerbey Lane Cafe currently operates eight locations in the Austin area. The family-owned restaurants are known for serving all-day breakfasts, and popular menu offerings include giant pancakes, Eggs Francisco, the Paris Texas Platter and Kerbey Queso.
“We can’t wait to bring Kerbey Lane Cafe to San Marcos, and look forward to this being a long-term relationship with Texas State and the entire San Marcos community,” said Mason Ayer, CEO of Kerbey Lane Cafe. “San Marcos is a community we have been wanting to serve for many years, and because we wanted to do it right, we’ve taken our time finding just the right location, and this is it.”
The 10-year contract with Kerbey Lane Cafe includes two five-year renewal options.