The ONE Group Hospitality, Inc. (“The ONE Group”) (OTCQB: STKS), known for developing upscale, high-energy restaurants, today announced plans to open a STK in Disney Springs at the Walt Disney World Resort in Lake Buena Vista, Florida. STK Orlando is expected to open in The Landing at Disney Springs in 2015, with the full completion of Disney Springs expected in 2016.
The new STK will be located within the waterfront setting of The Landing at Disney Springs, a completely re-imagined shopping, dining and entertainment complex that will double the number of shops and restaurants currently found at Downtown Disney. The Landing is the first phase of Disney Springs and will be home to unique and memorable dining experiences such as STK, Morimoto Asia and The BOATHOUSE, plus a number of still-to-be-announced innovative restaurants and boutique shops.
STK’s unique ambiance blends the elements of a modern steakhouse with a sleek lounge, including a DJ, emphasizing a social, fun environment. At approximately 14,000 square feet, the Orlando outpost will be one of the largest STK locations. STK Orlando will have two dining floors—including a main level and the only rooftop dining venue in Disney Springs.
“We are thrilled to join the Disney Springs family with the launch of STK Orlando,” said Jonathan Segal, CEO of The ONE Group. “The combination of an innovative menu and high-energy atmosphere has driven the success of STK, and we believe it will be an ideal addition to Disney Springs, and will help further cement its status as a place for friends and family to gather for fine dining and entertainment.”
Segal added, “Our entrance into the Orlando market represents another example of our continued growth strategy. We remain on track with our expansion plans for 2015 and hope to continue to partner with exciting world-class brands like Walt Disney Parks and Resorts moving forward.”
“STK Orlando is a welcome new addition to Disney Springs,” said George A. Kalogridis, president, Walt Disney World Resort. “With its innovative, high-energy atmosphere, STK is the perfect complement to our growing array of dining, entertainment and shopping offerings.”