Fertitta restaurant empire grows with Oceanaire Seafood Room
The Oceanaire Seafood Room filed bankruptcy last year and closed four of its locations nationwide. Luckily, the Houston locale, the charming sustainable fish eatery that resembles a 1930’s luxury ocean liner and makes up one third of the triumvirate of The Galleria fine dining row along with Del Frisco’s Double Eagle Steakhouse and Gigi’s Asian Bistro, survived.
And it looks like it won’t have any worries since Landry’s Restaurant, Inc., the ever-expanding seafood empire helmed by Tilman J. Fertitta, has now acquired it.
Resistance is futile.
According to Landry’s May 10 press release: “The Company also acquired The Oceanaire Inc., (Oceanaire), comprised of the twelve remaining Oceanaire Seafood Room restaurants, in an auction process through the U.S. Bankruptcy Court for a purchase consideration of approximately $23.4 million, assumption of certain working capital liabilities and transaction costs.”
Besides The Oceanaire, Landry’s now owns Landry’s Seafood House, Chart House, Rainforest Cafe, Saltgrass Steak House, former Tony Vallone eateries Grotto and La Griglia and the Signature Group as well as other businesses including hotels, marinas, amusements, retail and the Golden Nugget Hotels and Casinos in Las Vegas and Laughlin, Nevada.
Here’s hoping that The Oceanaire Seafood Room maintains its incredibly fresh, sustainable seafood menu, much as the beloved River Oaks’ La Grig has still maintained its power clientele and divine menu after the take over from Vallone.