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.
- Home
- NEWS
- REGIONAL
- THIS WEEK'S PAPER
- BLOGS
- Multimedia
- OPINION
- A&E
- LISTS
- PEOPLE
- EVENTS
- Classifieds
- Subscribe
Welcome to Property Lines, Indy's source for neighborhood real estate news. Your host is Scott Olson, IBJ's real estate beat
reporter. Edited by Cory Schouten.
Sponsored by
ADVERTISEMENT
-
Good ole' Obamacare. Thanks liberals and those who didn't bother to vote.
-
Yes. Blame those who were too lazy to go vote Obama out and those who voted him in again. That's my take on it. I know folks won't get it on the left. OK. Start berating me now!
-
Serioulsy, people are AGINST this project? Most communities would be salivating over a project like this. You'd rather have an empty eye-sore gas station and shacks posing as apartments? This project is exactly what BR needs. BUILD IT MR MAYOR. And yes, I am a BR resident, and have been for 20 years.
-
As a St. Vincent employee of over 20 years, I am saddened and disheartened by this announcement. Unfortunately, as the healthcare "industry" continues on this political and corporate path, all that St. Vincent Hospital has stood for spiritually for its employees and this community is being sucked dry. I know it truly has no choice. It is not just Obamacare or just competition or just any single thing. This trend started long before I was even born when the government became involved in healthcare and it became an "industry." I grieve for those who will lose their jobs, one of whom may be me, but I also grieve for this hospital which I have served for over 20 years. May God give us and it the grace to withstand the future of healthcare.
-
Why do people constantly harp on this issue and act ignorant about what a city population measures? A city's population is the city's population. There is no argument or debate about it. If you want to measure the density of a city--measure it. If you want to measure the size of a metropolitan area, then measure the metropolitan population. City boundaries cover different sized areas--and they always have (though the disparity has probably increased since about 1900 or so when more cities began annexing their surrounding communities). For example, San Francisco only covers 49 square miles while Houston cover nearly 600 square miles. No one argues about the population rankings of either city even though they clearly cover extremely different sized areas. Indianapolis is the 13 largest city by population in the U.S. That is a fact. While the population of a metropolitan area may give you a better sense of how large a community is, as noted, even metro areas can vary widely in the size of geographic area they cover--so that is not a perfect comparison either.
ADVERTISEMENT
Back to TopCopyright © All Rights Reserved. Privacy Policy | Terms of Use.
Design, CMS, Hosting & Web Development :: ePublishing.
Additional Hosting & Delivery by
IBJ Conversations
16 Comments
Add Comment
Thanks for sharing.
Any word on the opening date?