Stoney River Steakhouse and Grill Coming to Troy, MI

Upscale Restaurant Planned for Opening in 2018

TROY, MI (April 10, 2017) – J. Alexander’s Holdings, Inc. (NYSE: JAX) today announced plans to develop its first upscale Stoney River Steakhouse and Grill restaurant in Troy, MI.

Lonnie J. Stout II, President and Chief Executive Officer of J. Alexander’s Holdings, Inc., said the new Stoney River Steakhouse and Grill will be located at 101 Big Beaver Road as part of the Columbia Center. Plans for the new restaurant call for approximately 8,000 square feet with seating for more than 200 guests. Approximately 100 full and part time professionals will be employed to operate the restaurant.

“We’re extremely pleased to unveil plans for our newest Stoney River Steakhouse and Grill with distinctive architectural design for the Troy community,” Stout said. “This announcement follows extensive research by Stoney River to identify a premier site in Troy for our Stoney River Steakhouse and Grill. We currently expect to begin construction in the third quarter of this year with an opening scheduled for 2018.”

The Stoney River menu will feature a wide selection of high quality offerings with emphasis on hand-cut steaks, fresh seafood, a coffee-cured filet and signature steak and biscuits served in a sophisticated atmosphere. The restaurant also will have a full-service bar with unique cocktails and an outstanding selection of award-winning wines by the glass and bottle.

“Like every restaurant in our Stoney River collection, our Troy restaurant will have a culinary team capable of executing a made-from-scratch, award-winning menu,” Stout explained. “Guests in our restaurant will receive high execution levels of professional service in an environment characterized by upscale ambiance. In creating this ambiance, we will use European stemware for all of our wine service, high quality plate ware, roomy seating packages, furniture grade tabletops and a high level of detail finishes in all areas of the restaurant.”

The Stoney River Steakhouse and Grill in Troy is being designed by Steven Langford Architects (SLA), Irvine, CA. SLA is an innovative solutions provider for architectural and interior design. The firm specializes in the design and engineering of restaurants.

About J. Alexander’s Holdings, Inc.
J. Alexander’s Holdings, Inc. is a collection of restaurants that focus on providing high quality food, outstanding professional service and an attractive ambiance. The Company presently owns 44 restaurants in 15 states operating as J. Alexander’s, Redlands Grill, Stoney River Steakhouse and Grill and Lyndhurst Grill.

The headquarters of J. Alexander’s Holdings, Inc. is located in Nashville.