Filmmakers behind some of Texas's best-known television productions plan to open a new restaurant in the Walsh development on the western edge of Fort Worth. An official announcement is anticipated around mid-2027.
David Glasser, a founder of 101 Studios, shared the news Wednesday at the Heart of North Texas conference. He said he and his partners, including Taylor Sheridan and SGS Studios, are in the middle of closing a deal on a site in the far west Fort Worth development.
"It's a new food concept that has been something that Taylor (Sheridan) has been wanting to do for a long time that we finally cracked," Glasser said. He spoke during a Q&A with Mike Berry, president of Hillwood. Glasser described the idea as "something completely different, conceptually" and said it connects to other businesses owned by SGS Studios.
SGS Studios operates a 450,000-square-foot production site in AllianceTexas, created by Glasser, "Yellowstone" creator Sheridan and film producer Dan Schryer. Glasser said the restaurant would be loud for that part of town, which he welcomed. "That's what we like to do, bring positive and exciting attention," he said. The Walsh location would be the concept's original home, with plans to expand to many more locations afterward. He added that discussions are still underway.
Berry noted that the company does far more than make films. Glasser said SGS Holdings gives the filmmakers a way into the Texas hospitality industry "in a big way," including hotels, restaurants and experiences, and that the group has bought a number of real estate properties for upcoming projects. He said he and Sheridan grew tired of building sets only to tear them down after production, so they started SGS to preserve propped settings and Fort Worth history.
The company's first purchase was Cattlemen's Steakhouse in the Stockyards, which Glasser and Sheridan restored, turning its basement into a private club. They later acquired the Downtown Cowtown at the Isis Theater, at 2401 N. Main St., across the street. The theater closed in 2023 amid $5.3 million in loan defaults and delinquent taxes. Tarrant Appraisal District records show SGS Supper Club has owned the property since December of last year. Glasser said the building will become a 1920s-inspired Texas supper club, with work starting soon. "It's going to be magnificent, really beautiful when you see it," he said.
The filmmakers also have a hotel project that has not been made public and are building a second Cattlemen's location in Weatherford. Glasser said television production, including "Landman," will continue across Fort Worth and Weatherford. Sheridan owns Bosque Ranch in Parker County and co-owns the Four Sixes Ranch in Guthrie, Texas, and he created and produces several streaming series, including "Yellowstone," "Landman" and "The Madison."
Berry said state funding, including the Texas Moving Image Industry Incentive Program, which will provide an ongoing $1.5 billion to the state's film sector for a decade, helped drive the studio's success. "The incentives … had a huge impact on your ability to get Paramount to continue to push business here, push shows here," he said.
Glasser said the incentives benefited everyone through job creation and economic contributions, and that the state has seen a return on its capital. He said Texas must be viewed as an industry leader to attract more film production to Fort Worth, which competes with major production hubs in other states. Berry stressed the importance of continuity so the industry can keep investing, knowing the incentives will remain in place over time.
