Anchor Sushi Bar’s Preston Hollow outpost is on its last roll. The Royal Lane restaurant is set to close May 31, when the team behind Hudson House will flip the space into El Molino, a fajitas and margaritas concept. Vandelay Hospitality, which owns both brands, says the Preston Hollow switch will not affect the Anchor Sushi Bar location on Knox Street, and the move reshuffles the Preston Royal dining mix while giving Vandelay another Tex Mex foothold in North Dallas.
According to the Dallas Morning News, the storefront at 6025 Royal Lane, which previously housed Cantina Laredo for about 20 years and was damaged by a 2019 tornado, became Anchor Sushi Bar in 2023 and is now slated to close on May 31. The outlet reports that Vandelay CEO Hunter Pond called El Molino "a natural fit" for the Preston Royal neighborhood in an email and noted that the company intends to keep the Knox Street Anchor Sushi Bar in operation.
Vandelay Hospitality lists both Anchor Sushi Bar and El Molino among its brands and confirms the Royal Lane address for the Preston Hollow location along with an El Molino outpost in Snider Plaza. The company’s locations and press pages show multiple Hudson House and Vandelay concepts clustered in Preston Hollow, Snider Plaza and West Village, which helps explain why the group is comfortable swapping concepts within its existing Dallas footprint instead of chasing a new lease.
El Molino’s North Dallas Expansion
El Molino first opened near Southern Methodist University in 2025 as a fajita focused restaurant with an elevated margarita program, and local coverage at the time highlighted the moody design and 65 seat layout. CultureMap Dallas described it as Vandelay’s first Mexican concept and noted that the company already had plans to push the menu farther north, which is exactly what this Preston Hollow conversion delivers.
What This Means For Diners
For regulars, the Preston Hollow dining room will trade Anchor’s roll heavy sushi menu for sizzling fajitas and a more aggressive cocktail focus. Fans of Anchor’s sushi will still be able to get their fix at the Knox Street location, so this is more a neighborhood concept shuffle than a full goodbye. Vandelay has not shared staffing details or a step by step transition plan beyond the May 31 closing date, and the group plans to keep the Preston Royal lease as it converts the space, as reported by the Dallas Morning News.
