The owner of an upscale steakhouse outside Memphis has a letter of intent to buy land in Lebanon with plans to open a restaurant that would anchor a mixed-use development.
Marshall Steakhouse owner Randall Swaney is moving forward on a 20-acre site on the south side of Interstate 40 at the Hartmann Drive exit.
Marshall Steakhouse has been open around five years in Holly Springs, Mississippi. Tentative plans to build in Lebanon include a 9,000-square-foot restaurant with an additional 7,000-square-foot building connected by a breezeway that will include about 1,000 square feet of retail space, a 120-seat bar and a banquet hall.
There are also plans to develop 50 overnight cabins and a 100-space RV park for vacationing customers, Swaney said.
"Full-steam ahead," was Swaney's description of a future Marshall Steakhouse, though no plans are yet submitted.
Market basket: Light, airy angel food cake is perfect with summer's fruits
Swaney has worked with city officials on the development's details. Recruiting sit-down restaurants has been a major focus for Lebanon, said the city’s economic director, Sarah Haston.
“This is a work in progress,” Lebanon Mayor Rick Bell added. “It’s not finalized. But the city and Randall feel real good about the direction it’s going.”
Swaney describes Marshall Steakhouse as an upscale menu with a casual and rustic atmosphere.
Marshall Steakhouse would open for breakfast, lunch and dinner, Swaney said. Live music inside and outdoors are also part of the plan.
Approximately 60-80 employees are expected, the majority full-time workers, he added.
The Mississippi location has been open about five years. It’s presently the only Marshall Steakhouse location.
Swaney has also announced plans to open a restaurant outside Birmingham, Alabama. And Swaney is actively exploring markets outside other major cities.
Construction is estimated at 18 months if approvals are gained, Swaney said. The investment is estimated at about $15 million.
Reach Andy Humbles at email@example.com or 615-726-5939 and on Twitter @ AndyHumbles.
This article originally appeared on Nashville Tennessean: Marshall Steakhouse owner plans to expand in Lebanon