Downtown’s Punch Bowl Social terminates 91 employees as part of closure
Punch Bowl Social opened at 120 S. Meridian Street in Dec. 2016, taking 23,000 square feet in Circle Centre space once occupied by Nordstrom.
Punch Bowl Social opened at 120 S. Meridian Street in Dec. 2016, taking 23,000 square feet in Circle Centre space once occupied by Nordstrom.
The closure marks Louie’s Wine Dive’s exit from Indianapolis. The company closed its Broad Ripple location in September.
The Indianapolis location of Dagwood’s Deli & Sub Shop, which opened in 2016, is set to close next week.
Gastropub chain Bar Louie Restaurants filed for Chapter 11 bankruptcy on Monday and closed 38 corporate-owned restaurants across the country. But the Addison, Texas-based chain’s two Indianapolis-area locations are franchises and remain open.
Primanti Bros., a Pittsburgh-based restaurant chain that entered the Indianapolis market less than four years ago, has closed its locations in Greenwood and Avon.
The restaurant, 653 E. 52nd St., opened just off North College Avenue in November 2011. Its last day of business was Saturday.
Rick tells podcast host Mason King about how he became a bar owner, what his dad thought about the idea, and how he feels about Ike & Jonesy’s closing after more than three decades.
The founders and owners said the restaurant in Carmel’s Arts & Design District will be replaced by a family-owned restaurant that will serve Mediterranean cuisine.
Local closures set for Monday will leave the Beaumont, Texas-based deli chain with only one Indiana store, in Evansville.
The closure leaves Minnesota-based Granite City with only one Indiana location, in Fort Wayne. The company has struggled with financial problems in recent years, and has shuttered numerous locations in recent months.
Grand Junction Brewing Co.’s tap room and production facility, which opened about a mile away in 2017, will remain open.
Bub’s Cafe owner Matt Frey said the eatery will close Wednesday. He and his wife, Rachel, own the restaurant and the building that houses it.
IBJ real estate reporter Mickey Shuey describes the downtown restaurant scene, with details about what’s closing, what’s opening and what’s coming in the future. Plus, find out where you’re likely to spy some IBJ reporters the next time you’re out for lunch.
A host of big-name restaurants has closed downtown over the past year amid financial struggles and disappointing sales.
The owner of Taste plans to reopen early next year in a new space within a mile of the former restaurant at 52nd Street and College Avenue.
According to the suit, Granite City failed to pay monthly rent and meet other obligations under terms of the lease for the 9,603-square-foot ground-floor space it occupied in Circle Centre until late last month.
Locations in Carmel, Fort Wayne and Mishawaka were open on Thursday and are still listed on company’s website, but the Circle Centre location was locked and dark.
The hedge fund manager, who gained control of the Indianapolis-based chain a decade ago, is facing challenges on many fronts—from declining customer traffic to a looming loan maturity.
Steak n Shake classified 103 of this year’s closures as “temporary,” and said it plans to reopen the stores under its new franchise partnership program.
At least four restaurants in the area have blamed their closings on the U.S. 31 project. Carmel says other nearby restaurants are doing just fine.