Chicago-based breakfast restaurant coming to CityWay

January 3, 2014
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A Chicago-based upscale breakfast restaurant is coming to CityWay.

Yolk has signed a lease to occupy 4,410 square feet in the downtown mixed-use development at Delaware and South streets, and is expected to open in the summer.

Owner Taki Kastanis opened his first Yolk in Chicago in 2006 and now has four locations in the Windy City.

The CityWay location will be Yolk’s first outside of Chicago.

At CityWay, developed by Indianapolis-based Buckingham Cos., Yolk joins Cerulean, Qdoba and Orange Leaf as food-related retail tenants.

Yolk will occupy space just east of The Alexander hotel, with its storefront facing south toward the Eli Lilly and Co. campus.

The restaurant will be open from 6 a.m. to 3 p.m. weekdays and from 7 a.m. to 3 p.m. weekends.

Yolk’s menu includes five-egg omelets, eggs benedict, and specialty skillets and frittatas, in addition to a variety of pancakes and waffles.
 
 

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  • Market Table?
    What does this mean for Market Table, their existing weekend breakfast place (which is utterly exceptional and the best brunch in the city)?
  • Well...
    ... the last time I was in Market Table for Brunch, as attentive as the staff was, almost ALL of the "hot" food items we tried were warm at best and many of them were obviously past their time. So, what it will HOPEFULLY mean for Market Table is a little competition to keep them on their heels. As of my most recent visit it was good enough but FAR from the best brunch in the city.
  • Yolk
    I've been to Yolk in Chicago. The food is good but not fancy. I imagine this location will do well with the Lilly, Anthem and Farm Bureau folks who like to have breakfast meetings.
  • Add it to the list!
    2014 is off to a bang with exciting new downtown additions - add Yolk to the list! I've had Yolk several times in Chicago and have been extremely pleased. Glad to hear that this is going into the empty space at CityWay as well. The more we can beef up that area, the better.
  • Great for downtown!....
    I lived in Chicago for 1.5 years and surprisingly never heard of this place but I'm glad to see it coming to downtown! These additions are going to do well to increase attraction to the area. With that being said, at what point do communities outside of downtown get some welcomed additions? Broad Ripple is doing great and will continue to get better as long as a few people quit with their nonsensical whining about new development. But other areas such as Lawrence have plenty of space for infill. Heck, there's a large open building space for lease right off of 56th and Post Road. What needs to be done to make areas outside of downtown and Broad Ripple more attractive to development? I have an idea of what could help, but I'm not for sure if it will ever happen.

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  1. Cramer agrees...says don't buy it and sell it if you own it! Their "pay to play" cost is this issue. As long as they charge customers, they never will attain the critical mass needed to be a successful on company...Jim Cramer quote.

  2. My responses to some of the comments would include the following: 1. Our offer which included the forgiveness of debt (this is an immediate forgiveness and is not "spread over many years")represents debt that due to a reduction of interest rates in the economy arguably represents consideration together with the cash component of our offer that exceeds the $2.1 million apparently offered by another party. 2. The previous $2.1 million cash offer that was turned down by the CRC would have netted the CRC substantially less than $2.1 million. As a result even in hindsight the CRC was wise in turning down that offer. 3. With regard to "concerned Carmelite's" discussion of the previous financing Pedcor gave up $16.5 million in City debt in addition to the conveyance of the garage (appraised at $13 million)in exchange for the $22.5 million cash and debt obligations. The local media never discussed the $16.5 million in debt that we gave up which would show that we gave $29.5 million in value for the $23.5 million. 4.Pedcor would have been much happier if Brian was still operating his Deli and only made this offer as we believe that we can redevelop the building into something that will be better for the City and City Center where both Pedcor the citizens of Carmel have a large investment. Bruce Cordingley, President, Pedcor

  3. I've been looking for news on Corner Bakery, too, but there doesn't seem to be any info out there. I prefer them over Panera and Paradise so can't wait to see where they'll be!

  4. WGN actually is two channels: 1. WGN Chicago, seen only in Chicago (and parts of Canada) - this station is one of the flagship CW affiliates. 2. WGN America - a nationwide cable channel that doesn't carry any CW programming, and doesn't have local affiliates. (In addition, as WGN is owned by Tribune, just like WTTV, WTTK, and WXIN, I can't imagine they would do anything to help WISH.) In Indianapolis, CW programming is already seen on WTTV 4 and WTTK 29, and when CBS takes over those stations' main channels, the CW will move to a sub channel, such as 4.2 or 4.3 and 29.2 or 29.3. TBS is only a cable channel these days and does not affiliate with local stations. WISH could move the MyNetwork affiliation from WNDY 23 to WISH 8, but I am beginning to think they may prefer to put together their own lineup of syndicated programming instead. While much of it would be "reruns" from broadcast or cable, that's pretty much what the MyNetwork does these days anyway. So since WISH has the choice, they may want to customize their lineup by choosing programs that they feel will garner better ratings in this market.

  5. The Pedcor debt is from the CRC paying ~$23M for the Pedcor's parking garage at City Center that is apprased at $13M. Why did we pay over the top money for a private businesses parking? What did we get out of it? Pedcor got free parking for their apartment and business tenants. Pedcor now gets another building for free that taxpayers have ~$3M tied up in. This is NOT a win win for taxpayers. It is just a win for Pedcor who contributes heavily to the Friends of Jim Brainard. The campaign reports are on the Hamilton County website. http://www2.hamiltoncounty.in.gov/publicdocs/Campaign%20Finance%20Images/defaultfiles.asp?ARG1=Campaign Finance Images&ARG2=/Brainard, Jim

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