Jack Pearadin and Doug Nelsen found a 1.73-carat diamond after nearly a year of searching the park's field.
"We closed because we were operating with significant losses," said David Ashmore, who purchased the restaurant from the Phelan family in 2007 with partners Richard Harrison and Wally Roland (Harrison left the partnership after the first year). "We're trying to regroup."
Which includes courting potential partners and buyers, Ashmore said.
Opened for more than 60 years, Browning's was one of the city's oldest restaurants and the first to bring Tex-Mex to Little Rock. Even as tastes evolved, the restaurant's menu barely changed, which earned Browning's a rabid following that seemed to be deeply informed by nostalgia. If you grew up eating Browning's, you probably adored it. If you were one of us who didn't, the appeal was mystifying.
Katherine Wyrick explored "The Browning's paradox" in the Times back in 2008.
If nostalgia was the fuel that powered Browning's — that's my theory — then it had to run empty at some point, right?
PS — Extended discussion on Browning's also on Arkansas Blog.