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Preston Hollow's New Restaurants Picked Three Corners, Not One

October 1, 2026

Ask someone who lives in Preston Hollow where they ate last week, and the answer tells you more about which intersection they drove past than what they were craving. That's new. For years, the neighborhood's dining options sat in a handful of familiar spots, spread thin enough that nobody thought of them as a system. This year, three separate commercial corners each got a new restaurant anchor, and the corners went about it in different ways. Preston Hollow Village also saw the 2025 opening and closure of Ella, which sits in the timeline alongside the openings that followed.

This isn't a story about Preston Hollow suddenly getting more restaurants. It's a story about where they landed and what kind of operator each corner chose.

Preston Royal Went Big, Then Went Local

The corner of Preston Road and Royal Lane moved first, and it moved with scale. Palladino's Steak & Seafood opened June 16, 2026, at 5959 Royal Lane, in a former Spec's space. It's the second location for restaurateur Joseph Palladino, an ex-NYPD officer who built Nick & Sam's Steakhouse and co-founded the Coal Vines pizza chain before opening the original Palladino's inside New York's Grand Central Terminal. The Dallas kitchen is run by executive chef Sam Hazen, whose résumé includes Michelin three-star Le Gavroche, Tavern on the Green, and Tao. Palladino put the reasoning simply: "This city understands hospitality at the highest level."

A block away, in the former Fernando's space, Cantina La Rosa opened with a different pitch entirely: tacos, enchiladas, bowls, a cheeseburger, and carne asada, from the team behind East Dallas' Smoky Rose. Same corner, same stretch of 2026, two restaurants at opposite ends of the price scale. That's not a coincidence of leasing timing. It reads more like two landlords testing who still shows up to Preston Royal on a Tuesday night, at the same time, with very different menus.

Preston Hollow Village Tried Two Different Approaches

Three miles north, at Walnut Hill Lane and Central Expressway, Preston Hollow Village took a different route. Ella opened for dinner on June 17, 2025, in the space that used to hold Chido Taco Lounge, at 7949 Walnut Hill Lane. It was a 63-seat American bistro from local restaurateur Blaine McGowan, led by executive chef Kyle Farr, previously of the now-closed Bishop Arts spot Boulevardier and Michelin-recognized Sachet. The bar program belonged to Julian Shaffer, the first-ever recipient of the Michelin Guide Texas Exceptional Cocktails Award, with an upstairs speakeasy called Customs.

Ella closed in mid-October 2025, just shy of four months after opening, and Customs closed with it. McGowan pointed to the team and the space, and told D Magazine, "it's really hard for independent restaurants to survive these days."

About a year later, Preston Hollow Village added a different kind of operator. Fortune House, confirmed by DuWest Commercial Real Estate for a target date of September 26, 2026, opened this week at 7825 Firefall Way, a few doors from Another Broken Egg Cafe and across from Mesero. Where Ella was a new independent concept, Fortune House arrived as its operator's third Dallas-area location, following the original on MacArthur Boulevard in Irving and a Lower Greenville spot open since 2023. It's known for xiao long bao soup dumplings, with pork broth simmered for hours, and a "Best Dumplings" nod from D Magazine. It brings two other operating addresses in the metro with it.

The rest of the Village's lineup didn't move while any of this happened. Chefika, Centrale Italia, Chicken Guy, Blue Sushi Sake Grill, Modern Market, and Thirsty Lion kept operating through both the opening and the closure of Ella. The turnover sat on top of that bench rather than shaking it.

Preston Center Bet on Mornings, Not Dinner

The third corner tells a different story again. Craft Restaurant & Beer Market opened its first United States location on April 1, 2026, at 5974 West Northwest Highway, on a site that was once a COVID-19 hospital. It's a 500-seat operation with a rooftop patio, more than 100 taps, and local beer partners including Peticolas Brewing Company and Celestial Beerworks. The Canadian company chose Dallas in part because co-owner Tom Gaglardi, who also owns the Dallas Stars, made the connection with founder PJ L'Heureux.

Down the same stretch, Maman opened in the Plaza at Preston Center, its first Texas location after growing from a single Manhattan café to 50 locations across North America. Neither of these is a dinner-reservation destination in the way Palladino's is. Craft runs from 11 a.m. on weekdays and opens at 10 a.m. on weekends for brunch. Maman is a café. Preston Center's corner picked daytime traffic over evening spectacle.

Corner What's Currently Open Opened
Preston Royal (Preston Rd & Royal Ln) Palladino's Steak & Seafood, Cantina La Rosa June 16, 2026
Preston Hollow Village (Walnut Hill Ln & Central Expwy) Fortune House September 26, 2026
Preston Center (Northwest Hwy) Craft Restaurant & Beer Market, Maman April 1, 2026

Why the Timing Lines Up With What's Being Built

The clustering makes more sense once you look at what's under construction nearby. At Preston Hollow Village, groundwork on 8300 Douglas broke ground in March 2026, backed by Ramrock, Lincoln Property Co., HKS, and Willow Bridge Property Management. The plan includes a 12-story, 300,000-square-foot office tower, a 17-story residential tower with 147 units, a 35,000-square-foot rooftop park, and 24,000 square feet of ground-floor retail and restaurant space. Ramrock's Robert Dozier has said the intent is to activate Luther Lane specifically with small-door restaurants and coffee shops, the kind of storefronts built for a lunch crowd rather than a destination dinner.

A few hundred feet away, Kiln Preston Hollow, a flexible workspace brand making its Texas debut, targeted a spring 2026 opening at The Hill. Put together, Palladino's, Craft, Maman, and Fortune House are arriving roughly two years ahead of the office and residential square footage that's supposed to fill their seats at lunch. Ella opened in June 2025, nine months before that groundbreaking, and closed in October 2025. Several of the current arrivals come with an established footprint behind them, like Palladino's with its Grand Central Terminal original and Fortune House with its Irving and Lower Greenville locations.

What's Left on the Bench

None of this displaced what was already working before any of it started. Central Market at Preston Road and Royal Lane is still the neighborhood's grocery and cooking-class anchor. The Northaven Trail, the paved multi-use path just north of the neighborhood, still connects residents to nearby parks for biking, jogging, and dog walking, independent of whatever opens or closes at street level. The restaurants sit on top of that older layer. They don't replace it, and when one of them closes, the layer underneath stays in place.

What's changed is that a resident asking where to eat now has to specify which corner they mean, because each one is answering a different question. Preston Royal answers "where do I take out-of-town guests for something with weight to it," with a steakhouse that has a New York original and a landlord who went looking for it. Preston Hollow Village answers "where do I go on a Tuesday when I don't want to think about it," and its newest anchor, Fortune House, arrives with two other Dallas-area locations behind it. Preston Center answers "where do I get coffee and a decent lunch without leaving the errands loop."

Diane Bearden tracks this kind of neighborhood-level detail because it's the difference between a listing sheet and an actual sense of a place. If you want the current read on how Preston Hollow's corners are shifting, or you're weighing what these openings and closures mean for a specific street, reach out to Diane Bearden.

Work With Diane

Diane loves sharing her knowledge with her first-time home buyers and making their purchase a memorable event. She can advise you and create a portfolio that can give you that added edge to be successful in your real estate transaction.