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Troubled Minneapolis nightclub to become event center

Kam Talebi plans to turn a troubled property into a special space.

June 27, 2013 at 2:35AM
Long a neighborhood nuisance until it closed in 2009, the former Trocaderos night club in Minneapolis' North Loop is under contract to be sold to Kam Talebi, scion of the Crave restaurant empire. Talebi and his partners plant to turn the 23,000-square-foot space into event space for private and corporate parties. Kam Talebi inside the former Trocaderos Wednesday afternoon, June 26, 2013. ] JEFF WHEELER • jeff.wheeler@startribune.com
The former Trocaderos nightclub is under contract to be sold to Kam Talebi of the Crave restaurant empire, to become a space for private and corporate parties. (The Minnesota Star Tribune)

Between 2005 and 2009, some residents of Minneapolis' North Loop were painfully aware of the building at 107 3rd Av. N.

Home to the Trocaderos nightclub, the property appeared to be a magnet for noise complaints and other forms of unruliness, some say — an uneasy presence in an emerging urban neighborhood. After the club closed in 2009, the space remained empty.

This week, Twin Cities-based restaurant scion Kam Talebi confirmed that he and his partners at Kaskaid Hospitality have reached an agreement to purchase the property, part of which dates back to 1889.

Kaskaid, the $60 million parent company to Crave, Figlio, Urban Eatery and Union restaurants, plans to convert the 23,000-square-foot space into the Muse Event Center. The multilevel structure will play host to corporate and private events, such as bar and bat mitzvahs, nonprofit galas and weddings.

"There's a tremendous demand for event space," Talebi said. "And the North Loop location was a perfect fit."

David Frank, president of the North Loop Neighborhood Association, said he's pleased that the building will have a new owner. "We'd like to see an active use for a building that is now just sitting there," he said.

But he noted Trocaderos wasn't a good fit. "We never stopped getting complaints about music, loud and unruly customers," he said.

Last year, Duluth brewpub Fitger's said it was interested in buying the space, but it later scaled back on expansion plans.

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Talebi said he will be contacting neighborhood groups and city officials in coming weeks with details of his plans for the former nightclub. "We are bringing a totally different profile to the neighborhood," he said.

He declined to quantify a purchase price, but expects the event center to open this fall. Hennepin County records indicate the property is owned by First Resource Bank of Savage and has a market value of $1.3 million, although those figures tend to skew low.

The site will also serve as home base for Crave's growing catering division. Crave, which features fresh, casual fare, has eight locations, four in Minnesota: Mall of America, Galleria in Edina, St. Louis Park's West End and downtown Minneapolis.

Another Crave on tap

However, that list is expanding — Kaskaid also announced this week that Crave will open a ninth location in Austin, Texas, near the city's busy convention center. While Crave currently has sites in Nebraska, Ohio and Florida, this will be Kaskaid's first foray into the Lone Star state.

The Austin market "is absolutely on fire," Talebi said, noting further expansion in Texas is a distinct possibility.

Closer to home, Talebi said Kaskaid will lease the Old Chicago space at 2841 Hennepin Av. S. in Uptown. It's unclear at this point what the concept of the new restaurant will be, but the site will include an outdoor patio — a signature feature at many Kaskaid sites.

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Talebi says there's a "niche to be filled" in the Uptown casual dining scene. The new restaurant — whatever it may be — is slated to open by March 2014.

Janet Moore • 612-673-7752


Long a neighborhood nuisance until it closed in 2009, the former Trocaderos night club in Minneapolis' North Loop is under contract to be sold to Kam Talebi, scion of the Crave restaurant empire. Talebi and his partners plant to turn the 23,000-square-foot space into event space for private and corporate parties. An exterior view of the former Trocaderos Wednesday afternoon, June 26, 2013. ] JEFF WHEELER • jeff.wheeler@startribune.com
The former Trocaderos nightclub in Minneapolis’ North Loop. (The Minnesota Star Tribune)
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about the writer

about the writer

Janet Moore

Reporter

Transportation reporter Janet Moore covers trains, planes, automobiles, buses, bikes and pedestrians. Moore has been with the Star Tribune for 21 years, previously covering business news, including the retail, medical device and commercial real estate industries. 

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