Morgan's Brain

Oct. 6, 2008 at 7:00am

Vault Closing, Moving, Merging

As previously seen on Spew, the Varsity Grill has bought the Vault.

More details:
The September 29th print edition of the Business Examiner (no link available) is reporting that the Vault location on Pacific Ave will close in December. The entire crew and catering operation will then be moved to its new location in the upper level of the Varsity Grill on Broadway.

While I'm glad to see what looks to be a good partnership, I'm a little concerned about retail vacancy in the downtown core, and especially on Pacific. We need more people not just working, but living in the core. Of course, now we'll have to wait until the US economy picks back up.

Ah, so much work to do...

comments [11]  |  posted under downtown, tacoma, vacant, vault

Comments

by Erik on 10/6/2008 @ 12:16am
I saw some equipment being moved out of another restaurant on Pacific Avenue this weekend. Unsure if the restaurant is closing down or the equipment is simply being replaced.

by intacoma on 10/6/2008 @ 6:40am
hope we dont loose pita pit ^

by dawntown on 10/6/2008 @ 9:34am
hope downtown doesn't become a gost town
Ya'll don't have tumbleweeds up here, do ya?

by Erik on 10/6/2008 @ 11:07am
hope downtown doesn't become a gost town
Ya'll don't have tumbleweeds up here, do ya?


Some places downtown seem to be doing very well, others are certainly struggling.

Matador, PSP and Maxwells certainly seem to be doing well.

by NSHDscott on 10/6/2008 @ 1:51pm
I've been to an event at their new space — it's very nice! It will be a good wedding reception venue for those couples who want a more club-like feel. The same could not be said of the old Vault location.

The catering company formerly known as The Vault is now V2 (V-squared) to play on the idea of Vault+Varsity.

by morgan on 10/6/2008 @ 2:11pm
intacoma: www.commercialmls.com/index.cfm?fuseacti...

by intacoma on 10/6/2008 @ 4:08pm
lol morgan nooooooooooooo

by southsiderealist on 10/6/2008 @ 5:25pm
Seems really strange that they are moving the vault lunch operations. From a revenue standpoint, they will be losing customers. I have been going their for over 3 years and many times see the same people over and over. It provides a quick easy lunch for employees from Frank Russel, Key bank building, the Heritage Bank building and the Wells Fargo building. Also the Park Place Cafe also closed in that area during the last year.

Seems like a good time to open a deli in that area of Pacific Ave.

by thriceallamerican on 10/6/2008 @ 5:31pm
southsiderealist, don't forget the cafe in the Wells Fargo Building that also shut down a few months ago...

by BellCaptain on 10/6/2008 @ 7:59pm
So, that means the cafe in the Columbia Bank corporate office bldg on A.St. remains an option ?
Has Pastrami's closed on Broadway ?

by thriceallamerican on 10/7/2008 @ 10:10am
afaik both of those are still open...