Update: Gary Dinges of Gatehouse Media, the parent company of the Statesman, reported on Twitter that, ""Lockout notice on the window at Joe’s Crab Shack on East Riverside Drive indicates lease was terminated over $10k in unpaid rent and $100k in unpaid property taxes."
A sixteen-year run of selling crabs and more to lakeside diners has ended for Joe’s Crab Shack at 600 E. Riverside Drive.
The restaurant that opened in 2003 after converting from former sibling restaurant Landry’s now features an Endeavor Real Estate Group leasing sign in front of the shuttered, despite the fact that Joe’s parent company website lists the location as temporarily closed for construction.
The Joe’s property is part of a collection of real estate assets in the 118-acre South Central Waterfront district that spans from South First Street on the west to Blunn Creek on the east. RiverSouth is “the first major development south of Lady Bird Lake since passage of the city’s South Central Waterfront plan,” as the Statesman’s Shonda Novak reported last week when construction began on a tower being built on the space of the old Hooter’s on Riverside Drive and South First Street.
Ignite Restaurant Group Inc., Joe’s Crab Shack’s former parent company, filed for Chapter 11 bankruptcy in 2017 and the remaining Joe’s fell under the operational control of Landry’s Inc. and San Diego-based private equity firm Kelly Companies, which operated the Austin location. There are still Kelly-operated Joe’s locations in Beaumont, Mesquite and Cedar Hill, as well as seven more outside of Texas. Landry’s Inc. still operates more than 40 Joe’s locations, including one in Round Rock and six more across Texas.
“At its peak in 2014, Joe’s Crab Shack operated 139 locations,” TheDailyMeal reported in 2017.
The Statesman has reached out to Endeavor regarding its plans for the site, as well as to Kelly Companies about the potential future of Joe’s Crab Shack in Austin.
Correction: A previous version of this story misidentified the district in which Joe's sits. It is called the South Central Waterfront district.
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