The lure of tapas

April 25, 2007
Back to TopCommentsE-mailPrintBookmark and Share
How strong is it? The owners of a new BARcelona Tapas restaurant think it's strong enough to overcome a risky Barcelona Fooddowntown location at the northeast corner of Delaware and Ohio streets. The 3,800-square-foot restaurant is slated to open in May just down the street from Wheeler Mission, in an area without much foot traffic at night. The restaurant owner says the location wouldn't work for a traditional restaurant or steakhouse but will for BARcelona. "With us having an innovative concept nowhere else in Indianapolis, we will draw people," said Frank Schmitz, CEO of St. Louis-based BARcelona LLC. Schmitz said he was drawn to the Indianapolis location by a great rent rate and is confident the restaurant can overcome a stigma in the area. Already, IndyGo has agreed to relocate a bus stop that would have greeted diners. Check out the menu here.
ADVERTISEMENT
  • I live around the corner from BARcelona, and I hope it's a rousing success, despite the somewhat lame name.

    We have plenty of dining options up the street on Massachusetts Avenue, but it's a long hike over to the truly Downtown nexus of mostly chain joints.

    If only Sakura/Ocean World would bring good sushi south of Kessler, I could die a happy woman.
  • ... the old Burger King used to be?
  • I moved back to Indy from St. Louis last year, where my husband and I dined at BARcelona often. We are so excited they followed us here! The sangria is wonderful, and there are tons of vegetarian options. We can't wait!
  • Yes, it's where there used to be a Burger King.
  • God forbid that buses would continue to stop
    there.
  • The Wheeler Mission is a black eye on that area and needs to be moved. Many of my female friends and myself routinely get harrassed walking past the Wheeler Mission. It is especially scary at night while walking back to my townhouse at night.

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. 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.

  5. http://www.abcactionnews.com/news/duke-energy-customers-angry-about-money-for-nothing

ADVERTISEMENT