Who wants a piece?

January 15, 2008
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Grand Traverse Pie Co.A Michigan-based bakery and cafe concept plans to open as many as six new restaurants in Indianapolis, beginning with a location at U.S. 31 and Stop 11 Road. Grand Traverse Pie Company has 12 locations in Michigan and one in Indiana, in Terre Haute. The company also is scouting out new sites in Carmel, Fishers and Avon and plans to open soon in Evansville, said Steve Huddleston, the area director for Indiana. The location on the south side of Indianapolis is slated to open in late spring. The restaurants serve sandwiches, salads and more than 30 varieties of pie, including six types of cherry and five types of apple. Anyone tried them?
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  • They had a location on Rangeline Road in Carmel a while back. It lasted less than a year.
  • A quick search shows an article from the IBJ in 2002 about the Carmel store.

    A pie in the eye from Michigan. (Circle City Spectator).(Grand Traverse Pie Co. store opens in Carmel)(Brief Article)
    Publication Date: 09-SEP-02
    Publication Title: Indianapolis Business Journal
    Format: Online - approximately 259 words
    Company: Grand Traverse Pie Co.
    Author: Maurer, Katie ; Olson, Scott
  • I've been several times in Flint, Michigan and really enjoy the food and desserts; the menu is very much Michigan-inspired at that location. Hope that the franchise does well here!
  • I too recall the Rangeline Rd store in Carmel. I liked their pies a lot. Even for $10 a pie - although you got a dollar back when you retuned the pie pan. I always wondered why they closed. I figure it was the location. It's kind of a tough little strip center to get in and out of. I hope if they're coming back to Carmel that they locate in the old town area (OK, we'll call it the Arts & Design district, Mr. Brainard...). There's getting to be a critical mass down there with the butcher shop, Bazbeaux's, Bub's, etc. It would be a great place for a slice of pie!
  • I'm from Michigan originally and think these stores will do VERY well here. I don't believe the store in Carmel was the same chain (I could be wrong) but this is a small Michigan based company that has been in business for a LONG time. They have several breakfast quiches on their menu, wonderful cookies, and you won't even believe how good their pies are! Every year, I get one of their crumb top cherry pies for my birthday and savor every bite. Yes, it is a very regional type menu, but Michigan cherries are something that everyone can enjoy...even folks down here in Indiana.

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  1. PJ - Mall operators like Simon, and most developers/ land owners, establish individual legal entities for each property to avoid having a problem location sink the ship, or simply structure the note to exclude anything but the property acting as collateral. Usually both. The big banks that lend are big boys that know the risks and aren't mad at Simon for forking over the deed and walking away.

  2. Do any of the East side residence think that Macy, JC Penny's and the other national tenants would have letft the mall if they were making money?? I have read several post about how Simon neglected the property but it sounds like the Eastsiders stopped shopping at the mall even when it was full with all of the national retailers that you want to come back to the mall. I used to work at the Dick's at Washington Square and I know for a fact it's the worst performing Dick's in the Indianapolis market. You better start shopping there before it closes also.

  3. How can any company that has the cash and other assets be allowed to simply foreclose and not pay the debt? Simon, pay the debt and sell the property yourself. Don't just stiff the bank with the loan and require them to find a buyer.

  4. If you only knew....

  5. The proposal is structured in such a way that a private company (who has competitors in the marketplace) has struck a deal to get "financing" through utility ratepayers via IPL. Competitors to BlueIndy are at disadvantage now. The story isn't "how green can we be" but how creative "financing" through captive ratepayers benefits a company whose proposal should sink or float in the competitive marketplace without customer funding. If it was a great idea there would be financing available. IBJ needs to be doing a story on the utility ratemaking piece of this (which is pretty complicated) but instead it suggests that folks are whining about paying for being green.

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