Addison Chosen as New Corporate Headquarters for Fiesta Restaurant Group
Firm Operates 287 Taco Cabana and Pollo Tropical Restaurants
ADDISON, Texas, Dec. 4 2012 /PRNewswire/ -- One of the nation's most successful restaurant operators has selected Addison as the location for its corporate offices. Fiesta Restaurant Group, Inc. (NASDAQ: FRGI) owns, operates and franchises the popular Taco Cabana® and Pollo Tropical® Restaurants. The company continues to operate brand offices in San Antonio and Miami and is in the process of hiring a team that will occupy over 20,000 square feet of office space at 14800 Landmark Boulevard.
"We are pleased that another industry leader has selected Addison as its corporate headquarters," said Addison Mayor Todd Meier. "Our close proximity to Addison Airport, D/FW and Love Field create an ideal setting for a company like Fiesta with U.S. and international operations."
"Addison offered a competitive incentive package as well as a community with a rich talent pool for the restaurant industry," said Timothy P. Taft, Chief Executive Officer, President and Director of the Fiesta Restaurant Group. "The ability to recruit and retain talent as well as the city's central location and great amenities made Addison an ideal choice to continue to grow our business."
"With the help of the Greater Dallas Regional Chamber of Commerce, we were able to cultivate the relationship with the company," said Orlando Campos, Director of Economic Development for the Town of Addison. "They are a perfect fit within our targeted industrial sectors, bring in high-paying quality jobs to the region, and have a great corporate culture that blends well with Addison."
The company plans to have approximately 55 employees in the corporate offices over the next three years. It received an incentive of $100,000 under the Addison Chapter 380 program.
About The Town of Addison
Addison, Texas is alive with entrepreneurial spirit where businesses like Mary Kay, United Surgical Partners, USAA, Credera, Bottle Rocket Apps, and London Broadcasting call home. Other restaurant chains headquartered in Addison include Fogo de Chao, Twin Peaks, Razoo's, and Snuffer's, Within a compact urban center, Addison has a unique combination of towering office buildings, upscale shopping, beautifully landscaped residential communities, award-winning parks, 22 hotels and over 170 restaurants, all within a 5 minute drive from anywhere in Town. The Addison Airport—Texas' busiest general aviation airport—is a convenient way to arrive via charter and private planes. Addison is located 13 miles north of downtown Dallas, 16 miles northeast of DFW airport, 11 miles north of Love Field airport and about a mile from The Dallas Galleria.
About Fiesta Restaurant Group
Fiesta Restaurant Group, Inc. owns and operates the Pollo Tropical® and Taco Cabana® restaurant brands with 250 company-owned and operated restaurants and 41 franchised restaurants in the U.S., Puerto Rico, the Bahamas, Costa Rica, Ecuador, Honduras, Trinidad and Venezuela. The brands specialize in the operation of fast-casual, ethnic restaurant brands that offer distinct and unique flavors with a broad appeal at a compelling value. Both brands feature made-from-scratch cooking, fresh salsa bars, and drive-thru service and catering. Fiesta common stock is traded on the NASDAQ Global Select Market under the symbol FRGI. For more information about Fiesta Restaurant Group, Inc., visit the company's website at www.frgi.com.
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