The Texas State University System Board of Regents on May 24 approved a 10-year lease with Kerbey Lane Cafe at its 221 Sessom Drive property in San Marcos, where Saltgrass Steak House is currently located.

The Austin-based restaurant chain was approved for a lease at the Texas State University property after Landry's Crab Shack, the parent company of Saltgrass Steak House, informed the university the steak restaurant would not renew its lease, which will expire Dec. 31.

Kerbey Lane Cafe, which currently has eight locations in the Austin area, was founded in 1980. The cafe serves all-day breakfast.

"The setting of the university’s restaurant at the spillway of the Spring Lake Dam is one of the most unique and picturesque sites in Central Texas," said John Root, director of Auxiliary Services at Texas State, in a May 24 statement. "We knew when we began the search for a new operator that we had to find a restaurateur that would embrace this opportunity to create a true destination.”

The university's 10-year agreement with Kerbey Lane Cafe will have two five-year renewal options, according to university officials.

"We can’t wait to bring Kerbey Lane Cafe to San Marcos, and look forward to this being a long-term relationship with Texas State and the entire San Marcos community," said Mason Ayer, CEO of Kerbey Lane Cafe, in a statement. "San Marcos is a community we have been wanting to serve for many years, and because we wanted to do it right, we’ve taken our time finding just the right location, and this is it."