Yats opening new concept near Central Library

October 21, 2009
Back to TopCommentsE-mailPrintBookmark and Share

Yats plans to open a new restaurant and bar concept in the first floor of the The Ambassador apartment building next to the Central Library. The homegrown restaurant chain with four Indianapolis-area locations is taking 2,400 square feet on the side of the building closest to Pennsylvania Street (shown here) for a more upscale New Orleans concept tentatively called Bar Yats. Building owner Buckingham Companies is building out the space at 39 E. Ninth St. in anticipation of a grand opening in early 2010, said Jane Hendrickson, the company's director of development operations. Buckingham, which bought the six-story structure from the library, began leasing the building's 60 apartments in July. About 70 percent of the units already are occupied, Hendrickson said. The locally based developer hopes to lease three smaller first-floor spaces for other users, but Yats will be the only restaurant. Built in 1924, the Ambassador is on the edge of the historic St. Joseph neighborhood and has been listed on the National Register of Historic Places since 1983.

ADVERTISEMENT
  • Still cheaper
    No matter how upscale or how expensive, it will still be cheaper than the prices in the Library's Cafe!
  • Fantastic!
    This sounds like a great idea!
  • I knew something was up.
    When they were renovating the Ambassador last year, I saw Joe talking with several of the developers. I have been waiting for this for some time. Bring on the sazerac!
  • Yay!
    Great news. This area of the city is just getting started.
  • Nice!
    This area is ready for something like this!
  • CC
    Hopefully this place will not be cash only!!!
  • Great idea, I just hope that Yats does not bite off more than they can chew and get away from what made them great. Lots of good food for a low price. The City is littered with failed restaurants that went away from their sweet spot.
  • .
    I hate Yats with a passion, but its nice to see a non-chain restaurant open in Indy.
    • I like Yats
      What great news - it's good to see growth and renewal. Best wishes.
    • Color me free
      It is good, well at least better, to see some of the old regulars on Cory's blog again to be making comments. Cory, the "old" blog was realy good...interesting...enjoyable to read and laugh and...etc. For whatever reasons, I hope they all come back...soon. P.S. I don't like Yats, never did, and never will, but I'm glad that they will be near the libray where those who do like their food can enjoy it. The libray is GREAT.
    • Color me free
      Gol-dang-it...that is the end of "Color me free"....I will change my name to Ablerock.
    • Good News
      Very good news for the area. Always thought that a beer would go well with the food at Yats. As far a growing to fast, I think with Yats they could go almost anywhere in Indy and do well.
    • Yats
      I'm excited! I think all in all this is a great thing for the area.

      Thanks for sharing.
    • other developments in the area
      Anyone else hear some unsubstantiated rumors that a developer out of Colorado is hoping to fill the vacant Abbey space with a new restaurant, as well as renovating that boarded-up apartment building next door?
    • Paul, you don't like cajun food?
      So Paul, you hate the food at Yats, you hate the atmosphere at Yats, what is it you hate about Yats? Just curious...
    • Any word?
      Cory,

      Any word on the opening date?

    Post a comment to this blog

    COMMENTS POLICY
    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
    ADVERTISEMENT
    1. I am also a "vet" of several Cirque shows and this one left me flat. It didn't have the amount of acrobatic stunts as the others that I have seen. I am still glad that I went to it and look forward to the next one but I put Varekai as my least favorite.

    2. Looking at the two companies - in spite of their relative size to one another -- Ricker's image is (by all accounts) pretty solid and reputable. Their locations are clean, employees are friendly and the products they offer are reasonably priced. By contrast, BP locations are all over the place and their reputation is poor, especially when you consider this is the same "company" whose disastrous oil spill and their response was nothing short of irresponsible should tell you a lot. The fact you also have people who are experienced in franchising saying their system/strategy is flawed is a good indication that another "spill" has occurred and it's the AM-PM/Ricker's customers/company that are having to deal with it.

    3. Daniel Lilly - Glad to hear about your points and miles. Enjoy Wisconsin and Illinois. You don't care one whit about financial discipline, which is why you will blast the "GOP". Classic liberalism.

    4. Isn't the real reason the terrain? The planners under-estimated the undulating terrain, sink holes, karst features, etc. This portion of the route was flawed from the beginning.

    5. You thought no Indy was bad, how's no fans working out for you? THe IRl No direct competition and still no fans. Hey George Family, spend another billion dollars, that will fix it.

    ADVERTISEMENT