Statement from Loeb about Bar Louie



It was announced yesterday that Bar Louie would be closing.

Loeb, the property manager, issued the following statement:

We have come to an agreement with Bar Louie that will free up space for great new restaurants to come to Overton Square, and are interested in exploring fine dining concepts among others. Space at The Square is at a premium and we already have several options to explore. We're excited for the new projects slated to come online in 2018, including Hopdoddy, Chipotle's opening, and our boutique hotel.
Bar Louie never really clicked with the Midtown crowd — too East Memphis, too many bros, too many TVs.

What's interesting about this Commercial Appeal article is the idea of underperforming restaurants with more to close. 

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