Article: Planet Hollywood Contacts Austin, Texas.(Originated from Austin American-Statesman, Texas)

Oct. 7--Planet Hollywood, the theme restaurant started with the financial muscle of such stars as Sylvester Stallone and Arnold Schwarzenegger, has set its sights on Austin.

A Planet Hollywood official confirmed that the company is negotiating on a property in downtown Austin for a new restaurant.

"We're excited about the whole synergy of the Warehouse District and Sixth Street," said Dave Terry, vice president of business development for Planet Hollywood International Inc., based in Orlando, Fla. "It's a place we want to be."

Austin would be one of the smaller markets for the chain, which has focused on high-profile tourist ...

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