New entertainment venues heat up Clearwater Crossing

December 11, 2012
Back to TopCommentsE-mailPrintBookmark and Share

Two new dining and entertainment attractions are scheduled to open back-to-back next week, both at Clearwater Crossing. The 70,000-square-foot Latitude 39, which includes a restaurant, bowling alley, live-performance theater, sports theater and interactive game room, is set to open Dec. 19 in the former home of an AMC movie theater. And the 5,300-square-foot restaurant, bar and dance club Drake's is scheduled to open Dec. 20.

Latitude 39 IndianapolisLatitude 39 includes 20 bowling lanes and a 5-lane private suite, interactive video and redemption games, an HD sports theater, a dine-in movie theater (opens in February 2013), a bar with stage and dance floor, and a Las Vegas-style showroom (set to open in 2013). Performances will range from youth-oriented during the day to headline music and comedy acts at night. "We will be bringing Las Vegas and New York caliber entertainment to Indianapolis," general manager Michael Curatolo said in a statement. The parent company, Latitude Global, operates similar entertainment venues in Jacksonville, Fla. and Pittsburgh and is building another in Chicago. The Clearwater Crossing center will employ 190 people.

Drakes Come Play IndianapolisDrake's, which features darts, mini shuffleboard, a digital audio and video system and operable garage doors as exterior walls, will be a "laid back venue for lunch and dinner, and a hopping, high-energy club for dancing and socializing after 9 p.m.," according to Bruce Drake, one of two operating owners. The restaurant will offer standard bar fare including mini burgers, along with surprises like hand-rolled sushi and specialties including grilled shrimp and cheese. Two bars will offer 24 craft beers on tap. It's the sixth Drake's restaurant for Lexington, Ky.-based Bluegrass Hospitality Group. The venue will have a staff of 80.

The Clearwater Crossing area has been a hotbed of activity this year, driven in part by Kite's 2011 redevelopment of Rivers Edge to accommodate Nordstrom Rack, BuyBuy Baby and The Container Store. The restaurant and bar Brewstone opened earlier this year in the 15,000-square-foot former home of Music Mill, and Zionsville restaurant Oobatz! is adding a second location in the former home of Uno Chicago Grill. Earlier Property Lines coverage of Latitude 39 is here, and Drake's coverage is here.

  • Intrigued
    Well, I am certainly intrigued by Latitude 39. I loved going to Block Party back in the day, and I have missed having a good dine in theater in town. I hope they can make a go of it. Where exactly is Drake's located? I don't remember seeing any new construction up there, but I wasn't really paying attention either.
    • Drake
      Nick, They remodeled a section of the Barnes and Noble strip center.
      • So cool!
        I went here it was great. I really hope it stays and is successful. Seems like everything closes especially right in this seems doomed. Discovery zone, block party, music mill......I really hope this place makes it! It's awesome!

      Post a comment to this blog

      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
      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.