Jillian’s arcade games, bowling alley up for auction

Back to TopCommentsE-mailPrintBookmark and Share

A plan to keep the Jillian’s entertainment complex operating in downtown Indianapolis has fallen through.

Jillian's owners in July said they had an agreement worked out with the building’s landlord, SMC Retail LLC, to close its restaurant and vacate the ground floor at 141 S. Meridian Street, but continue to operate an arcade, pool hall and bowling alley on the second and third floors.

But an advertisement from Commercial Liquidators of America says the company is liquidating the contents of the complex and will conduct an auction at 10 a.m. Oct. 26 to sell more than 100 arcade games, a nine-lane bowling alley, 12 pool tables, tables, chairs, booths and bar equipment.

Jillian’s owners were attempting to reorganize under Chapter 11 bankruptcy protection. As part of the case, landlord SMC filed a motion in April seeking to evict Jillian's from its 45,000-square-foot spot over what it said was $697,237.25 in unpaid bills. Monthly rent, which is $52,000, had not been paid since June 2010, SMC said.

SMC terminated Jillian’s lease on March 15, but the firm had hoped to amend the lease as part of the new agreement.

A bankruptcy judge dismissed the case on Oct. 12 after Jillian’s failed to file monthly operating reports.

Tilted Kilt, a chain of Celtic sports pubs known for its scantily clad, kilt-wearing waitresses, closed on a deal in September to take over the first-floor space.

The local Jillian’s opened in 1998 and was part of a rush of restaurants that arrived downtown following the opening of Circle Centre mall.

The business is operated by Craig Kastle and David Wallace, and is separate from 11 other Jillian’s restaurants operated by Greg Stevens in Louisville.




  • Air hockey
    Well, drats, where will I go to play air hockey now?!
  • 2 sides to every story
    According to the people that I know who used to work for Jillians, I heard that a new land lord came in and raised the rent so high when they knew all along that Jillian's would have trouble paying the new high rent. There is always 2 sides to every story. How can you expect a business to make it in a struggling economy when you all of a sudden hike up the rent? Personally, I think it was just a ploy to make them go out of business. I think it's just sad to see any business shut their doors. Think of all the people that will now be out of work..... it's not the employees fault that a business deal went sour.
  • Agree. Downtown plagued by poor businessmen.
    It's pretty clear that most downtown businesses are run by amateurs. Anybody who ever stepped foot inside Jillian's knew it was doomed. Easily the worst bowling alley I've been to.
  • Not so fast!
    I sincerely hope that this doesn't reflect poorly on the downtown business environment at all, because the reality is.. downtown is booming! This sounds like nothing more than bad business and not so good businessmen. How on earth does ANYONE get so far behind on rent?!?! Ridiculous... shouldn't be too long before the space is repurposed.

    Post a comment to this story

    We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
    You are legally responsible for what you post and your anonymity is not guaranteed.
    Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
    No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
    We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.

    Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

    Sponsored by

    facebook - twitter on Facebook & Twitter

    Follow on TwitterFollow IBJ on Facebook:
    Follow on TwitterFollow IBJ's Tweets on these topics:
    Subscribe to IBJ
    1. The $104K to CRC would go toward debts service on $486M of existing debt they already have from other things outside this project. Keystone buys the bonds for 3.8M from CRC, and CRC in turn pays for the parking and site work, and some time later CRC buys them back (with interest) from the projected annual property tax revenue from the entire TIF district (est. $415K / yr. from just this property, plus more from all the other property in the TIF district), which in theory would be about a 10-year term, give-or-take. CRC is basically betting on the future, that property values will increase, driving up the tax revenue to the limit of the annual increase cap on commercial property (I think that's 3%). It should be noted that Keystone can't print money (unlike the Federal Treasury) so commercial property tax can only come from consumers, in this case the apartment renters and consumers of the goods and services offered by the ground floor retailers, and employees in the form of lower non-mandatory compensation items, such as bonuses, benefits, 401K match, etc.

    2. $3B would hurt Lilly's bottom line if there were no insurance or Indemnity Agreement, but there is no way that large an award will be upheld on appeal. What's surprising is that the trial judge refused to reduce it. She must have thought there was evidence of a flagrant, unconscionable coverup and wanted to send a message.

    3. As a self-employed individual, I always saw outrageous price increases every year in a health insurance plan with preexisting condition costs -- something most employed groups never had to worry about. With spouse, I saw ALL Indiana "free market answer" plans' premiums raise 25%-45% each year.

    4. It's not who you chose to build it's how they build it. Architects and engineers decide how and what to use to build. builders just do the work. Architects & engineers still think the tarp over the escalators out at airport will hold for third time when it snows, ice storms.

    5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing