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Taco Loco closed its St. Thomas location due to oversized space, planning a steakhouse rebrand and launching a new Mexican bar in January 2026.
Taco Loco has closed its St. Thomas location on Sunset Drive after operating for just over a year and a half, despite being profitable.
Owner Ivan Monrreal cited the space as too large for a taco-focused concept, leading to plans to rebrand the site as Assador, a rodizio-style steakhouse, with renovations starting soon and a potential summer 2026 opening.
The original Taco Loco in London remains open.
Monrreal also announced La Chula, a new Mexican cantina-inspired bar on Wellington Road, set to open in January 2026 with a distinct menu, cocktails, and a vibrant atmosphere, marking a strategic shift toward diversifying dining concepts.
Taco Loco cerró su ubicación en St. Thomas debido al espacio excesivo, planeando un cambio de marca de un restaurante de carne y lanzando un nuevo bar mexicano en enero de 2026.