Punch Bowl Social to reopen downtown location next week

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00
Punch Bowl Social in Circle centre mall. (IBJ photo)

Punch Bowl Social’s downtown Indianapolis location, which has been closed since the start of the pandemic, will reopen May 19, the company announced Monday.

The 23,000-square-foot restaurant-and-entertainment spot, at 120 S. Meridian St. in Circle Centre mall, includes eight bowling lanes, two bocce courts, three private karaoke rooms and three bars.

In March 2020, the company said it was closing the location temporarily, eliminating 91 jobs at the venue.

It has remained closed since then and has not offered curbside or delivery service.

The Denver-based company has faced serious financial struggles during the pandemic.

The company filed for Chapter 11 bankruptcy protection in December, and its debts at the time of filing included a $707,894 lease obligation to Circle Centre mall as well as $763,173 in lease obligations to The Domain, an Austin, Texas mall owned and operated by Indianapolis-based Simon Property Group.

As part of the bankruptcy, Punch Bowl Social was sold to its primary lender, Austin, Texas-based Crowd Out Capital.

Punch Bowl Social had 20 locations at the beginning of the pandemic, but has since closed several of them. The company’s website currently lists a total of 15 locations, six of which are listed as currently open and nine of which are listed as “reopening soon.”

Please enable JavaScript to view this content.

Story Continues Below

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

6 thoughts on “Punch Bowl Social to reopen downtown location next week

    1. Maybe they will pay a wage that a person can live off and people will flock there?

      Less than $13/hr is an insult to anyone who actually works hard and has a skill set

  1. How about letting the market set wages with no minimum or maximum?
    Close the borders and start letting businesses hire low skill workers at a low wage to get them in the workforce. We have a generation of kids with no work skills. They only know how to play sports and video games.

    1. Well said. People think that working at a restaurant or fast food place is it is intended to be a career? No it’s a place for people looking for part-time work or high school and college age people. If you are a grown adult and your aspirations are to work at McDonald’s for the rest of your life, then maybe you should not expect very high wages!

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news. ONLY $1/week Subscribe Now

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Get the best of Indiana business news.

Limited-time introductory offer for new subscribers

ONLY $1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In