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Monday, January 12, 2015

The Addition To Close This Wednesday, Jan. 14

Posted By on Mon, Jan 12, 2015 at 5:08 PM

click to enlarge Brazilian Girls perform at The Addition in October - VIA THE ADDITION ON FACEBOOK
  • via The Addition on Facebook
  • Brazilian Girls perform at The Addition in October
Well, that was fast. Less than three months after the club formerly known as Yoshi's SF officially reopened as The Addition, artistic director Peter Williams announced in an email today that the venue would cease operations this Wednesday, Jan. 14. Yep, that's the day after tomorrow.

Per the press release:
The Management Team of Fillmore Live Entertainment Group, LLC (FLEG), which took over and operated Yoshi's San Francisco from July to October, before converting the name to The Addition, is suspending operations as of Wednesday January 14, 2015. This is due to some financial hardships resulting from reduced revenue since the takeover in July. FLEG is in the process of determining how to address existing liabilities of the business, and will be in touch at the earliest possible time. FLEG is also seeking a potential lead partner to take over operations at the earliest possible time, and continue to present quality headline entertainment, in addition to re-concepting the existing restaurant.  
We reached out to Williams to find out what would become of the next few months of shows that were scheduled at The Addition (there's no sign of the closure on the venue's website just yet, and hey, we were particularly looking forward to T-Pain on Feb. 2).

"All shows on the calendar are being canceled," he wrote. "I know that the ownership group is looking at their options, but for now, we're going to be dark after tomorrow night." He also wanted to clarify that while he had sent out the press release, the statement was not in his words — which we'll take to mean it was penned by folks at FLEG, managed by local developer Michael Johnson.

As of the re-branding, Johnson and his partners had assumed $2.4 million of the $7.2 million Yoshi's owed to San Francisco's Redevelopment Agency, which helped fund construction of the venue from 2004 through 2007. The City of San Francisco was also still owed another $5.5 million, which it loaned to Johnson to support building costs on the Fillmore Heritage Center (of which Yoshi’s is a part) in the mid-aughts. 

For a more in-depth primer on the financially beleaguered Fillmore District club, check out Ian S. Port's story on the end of Yoshi's SF from last summer. 

We'll update this post when we know more. 

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About The Author

Emma Silvers

Bio:
Emma Silvers is SF Weekly's former Music Editor.

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