University of Texas students are going to have to find a new late-night taco-and-queso fix. The Taco Cabana at 517 W. MLK Blvd. has closed. There is a sign on the door thanking customers for their patronage and directing them to the location at 5242 N. Lamar Blvd. It is the second Taco Cabana near downtown to close in the past couple of years, with the one at Lamar Boulevard and Riverside Drive closing in 2015. That location gave way to sister restaurant Pollo Tropical, which remained in business for about a year before closing. It is now for rent. The restaurants’ parent company, Fiesta Restaurant Group, has struggled in recent years. Its stock traded around $30 at the beginning of the year, and today is trading at around $19.
There is no word on the future of the building at 517 MLK Blvd. Condos, anyone?