Morton's Restaurant Group, Inc. to Open First Steakhouse in Mexico in 2009

2008-10-15
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  • Mortons Morton's Restaurant Group, Inc. (NYSE:MRT) today announced plans to open its first Morton's steakhouse in Mexico in 2009 in a joint venture with a local investor group.

    The new 7,900 square-foot Morton's steakhouse at Av. de Las Palmas, #405 will be located in the upscale Col Las Lamas area of Mexico City, a business center and an affluent part of the city that attracts many international visitors, tourists and residents because of its luxury hotels, shops, restaurants and embassies. The joint venture will expand Morton's growing international presence to Mexico for the first time and become the sixth Morton's steakhouse outside the United States and Puerto Rico. The Mexico City Morton's will have total seating capacity for approximately 255 guests, including approximately 120 in the main dining room, 50 in Morton's exclusive private boardrooms, 50 on the outdoor patio and 35 in Bar 12-21, Morton's bar dining concept. Morton's Restaurant Group, Inc. will control all of the restaurant's operations.

    "Morton's looks forward to introducing our legendary brand of fine dining to Mexico and Mexico City for the first time under our disciplined growth strategy to expand in select international cities that meet our development goals," said Thomas J. Baldwin, Chairman, Chief Executive Officer and President of Morton's Restaurant Group, Inc. "We believe Morton's and Mexico City can represent a winning combination for people who want to enjoy a memorable world-class dining experience at a prime location in one of the world's legendary cities."

    Logos, product and company names mentioned are the property of their respective owners.

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