With more than $325,000 in rent allegedly overdue, the 400 Bar has been given its walking papers from the Mall of America even before it could get off the ground.
The former mainstay of Minneapolis' West Bank music scene, which closed its doors in December 2012, was to reopen this summer along with a new Midwest Music Museum in a sprawling, 25,000-square-foot space on the Bloomington megamall's nightlife-oriented fourth floor.
As of Wednesday, though, an eviction notice was taped to the door of the would-be club space, which formerly housed a sports bar and was also to feature a 400 Bar-affiliated restaurant. The museum, which was open from June until Sept. 7 for the touring exhibit "Ladies and Gentlemen … The Beatles," is included in the eviction.
Filed on behalf of the mall, the notice lists a court date of Sept. 30 and $326,460.66 in delinquent rent. Edina-based Music Parks United is listed along with the 400 Bar as the companies that owe the mall.
In a lease that went into effect Jan. 31, the monthly rent on the new club and museum space was $69,906, according to court documents.
Mall executives put out a statement that pointed to the bar's financial problems.
"Finding appropriate financing terms can be a substantial obstacle for small business. This seems to be the circumstances for 400 Bar as they prepared to open at Mall of America," the statement said. "Timing and economic environment appear too challenging to allow 400 Bar to move forward with their plans."
"While disappointed that 400 will not open at the mall," the statement added, "we wish them the very best."