Restaurant roundup: Yo Joy, Which Wich, Wolfies & more

October 24, 2011
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  • The Avenue IndianapolisWhich Wich Superior Sandwiches has signed on as a first-floor tenant of The Avenue, the Buckingham Cos. apartment development at 10th Street and Indiana Avenue adjacent to the IUPUI campus (rendering shown). The Dallas-based restaurant chain is taking 2,150 square feet in the newly constructed building. The Indianapolis market has been on the Which Wich target list at least since 2008, when Property Lines first reported the chain's interest in opening 10 new local restaurants.
  • Wolfies Grill, a woodsy themed sports bar chain with locations in Noblesville and Fishers, is planning a new restaurant in Carmel. The restaurant and bar is taking 4,700 square feet in the Merchants Square shopping center, just around the corner from MCL Cafeteria & Bakery.
  • Orange Leaf, the frozen yogurt shop, is opening a new location on the south side. The Oklahoma City-based chain is taking about 2,000 square feet at 6845 Bluff Road, just north of Southport Road. The chain already has locations in Carmel and Fishers and is looking to open several more.
  • Yo Joy, an independent frozen-yogurt shop, is planned for 2,300 square feet in Carmel at 9873 N. Michigan Road, in front of a Home Depot. The self-serve shop is scheduled to open in December.
  • Black Acre Brewing Co. has filed plans to take about 2,400 square feet at 5632 East Washington St. The brewery and tasting room is planned for the same retail building that's home to Jockamo Pizza and Legend Classic Cafe. IBJ first reported on the plans in July.
  • Kobayashi Sushi and Asian Kitchen is taking a former Noble Roman's in Noblesville that most recently was home to Dick's Bodacious Bar-B-Q. The 3,400-square-foot restaurant is on Greenfield Avenue, just west of Ind. 37.
  • Firehouse Subs has filed plans to open a new restaurant in a Walmart-anchored center in Beech Grove. The restaurant is taking 1,800 square feet in the center along Emerson Avenue just south of Interstate 465. The Florida-based chain already has restaurants near 86th Street and Michigan Avenue and in Avon, Noblesville and Plainfield.
  • Za Pizzeria in Broad Ripple is expanding, taking former office space on the second floor of its building at 801 Broad Ripple Ave. The project will add about 1,400 square feet of dining spot to the tiny restaurant. An earlier post is here.
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  • The Avenue
    In addition to Which Wich, I noticed a sign for Moe's Southwest Grill on The Avenue's construction fencing today.
  • southside
    Does anyone know what they are doing with the old Krispy Kreme building on US 31 South? It's been closed a few years but now they are working on the building.
    • Krispy Kreme
      Would like to know also what is going in former white castle on 135 in greenwood.
    • Dicks BBQ
      Are all the Dicks Dodaus bbq closed now
    • Orange Leaf
      There is also a location that opened in Avon. I too noticed Moe's listed on the fence screen for The Avenue.
    • Fall Creek Place
      Cory,

      Have you heard any details about a business moving into the neighborhood commercial center at 25th and Delaware?
    • Mongo BBQ
      BD's Mongolian BBQ in Carmel closed last week.
      • Indy Restaurants
        I ate at an Olive Garden last night, it was delicious. I then got dessert from Applebee's and followed it up with a nightcap at Chili's.

        Hoping to make it to this new place called Outback Steakhouse that just opened next week. I heard they do great things with onions.
      • Dick's BBQ
        The downtown Dick's (50 N. Penn) is still open.
      • Cheesecake please
        Will somebody just hurry up and open a Cheesecake Factory in the former Nordstrom location downtown? Has there ever been a more perfect location for one of those?
      • BD's
        BoomBozz Famous Pizza is taking over the BD's location in WESTFIELD.
      • 56th and Emerson
        Does anyone know what is happening with all the empty retail at 56th and Emerson? Sure would be nice to get some shops and casual restaurants in that area.
      • La Jolla in Broad Ripple
        Any update on La Jolla in Broad Ripple? Is it closed?
      • Krispy Kreme
        Kathy - That Krispy Kreme was purchased last month. Lee & Associates represented the buyer.
        • KRISPYKREME
          Still dont know whats going there?
        • Krispy Kreme
          The old Greenwood Krispy Kreme is becoming a Select Comfort (sleep number bed) store.

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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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