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Red Lantern Fusion seeks $150,000 MDD grant for Argyle restaurant; board tables decision pending application policy
Summary
Owners of Red Lantern Fusion presented a proposal and asked the Argyle MDD for $150,000 toward a proposed Asian-fusion restaurant; the board voted to table the request to the June meeting while application and incentive policy documents are finalized.
Owners of Red Lantern Fusion — the presenters identified themselves as the Highland Village operators of a boba shop and a husband-and-wife ownership team (co-owner Justin spoke to financials) — presented a development and financing plan for a new Argyle restaurant on the May 1 Argyle MDD agenda and requested a $150,000 incentive from the MDD to assist with build-out.
The presenters described an Asian-fusion restaurant concept combining Vietnamese, Chinese and Korean dishes with modern twists, plus a tea/boba and cocktail program. They said the planned location is an end-cap on a new L-shaped retail building along French Town…
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