
SEATTLE, March 2 (UPI) -- The University of Washington hangout that became the first restaurant in the Red Robin chain is closing.
The company said the building is too expensive to keep up and it has decided not to renew its lease on the location, The Seattle Times reported. Its doors will shut March 21.
Gerry Kingen, then in his 20s, bought the Red Robin Tavern in 1969. Four years later, he renovated a bar known for "burnt popcorn and plastic-wrapped sandwiches," adding burgers and fish and chips to the menu and adding a deck.
Two regular customers opened a Red Robin in Yakima, Wash., in 1980, starting a chain that now has more than 400 restaurants in the United States and Canada.
"I basically created a grownup's McDonald's," Kingen told the Times.
Red Robin, headquartered in Colorado, is a publicly traded company.
Anne Kreidler of Montlake Plaza LLC, which owns the Seattle restaurant site, said she expects to lease the property to another restaurant.
| Additional Business News Stories | |
TEGUCIGALPA, Honduras, Feb. 9 (UPI) --
Honduras is inching back toward economic recovery and sees more international tourism as a way out of the crisis triggered by its June 2010 coup.
|
HILLSBORO, Ore., Feb. 9 (UPI) --
Solar panels generating a total of 1.3 megawatts of power are installed at a U.S. Navy facility and ready to begin their first full year of operation.
|
With rental vacancy rates at their lowest levels in 10 years, a review of TransUnion's proprietary rental screening database found that rental prices remained about the same between the fourth quarters of 2010 and 2011....
|
Government officials are on the verge of an agreement worth as much as $26 billion with five major banks, capping a yearlong push to settle federal and state probes of alleged foreclosure abuses by lenders.
|
| Stories | Photos | People | Comments |
View Caption