Landry's Restaurants Inc. says it has bought 80 percent of the newly announced T-Rex restaurant concept and the majority interest in a second Asian concept with the working title of Asia from Schussler Creative Inc. for approximately $7.6 million.
Houston-based Landry's says the T-Rex concept will be built at Downtown Disney, the resort's retail center, and the Asia concept will be added to the Asia section of Disney's Animal Kingdom theme park as part of the new Expedition Everest attraction. T-Rex would open in early 2008, and the Asia restaurant is scheduled for a summer 2007 opening.
Schussler is a Minnesota-based, privately held company best known for founder Steve Schussler's creation of the Rainforest Cafe concept, which he sold to Landry's in 2000.
Schussler has been developing the first T-Rex restaurant, now scheduled to open this summer at The Legends at Village West, a 750,000-square-foot outdoor shopping and entertainment lifestyle center near the Kansas Speedway in Kansas City, Kan.