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Camelot Club closing today

Posted on 3/11/16 at 4:17 pm
Posted by LSUMJ
BR
Member since Sep 2004
20604 posts
Posted on 3/11/16 at 4:17 pm
The Camelot Club, which has long played host to business professionals, legislators and lobbyists at its prominent top floor location in downtown Baton Rouge’s Chase Bank South Tower, will cease operating at 5 p.m. today after 49 years in business.

Owner Tom Tanner says the club’s membership has dramatically declined in recent years, adding that with the club facing a “dramatic” rent increase it can no longer afford to stay open.

“We can no longer be a viable club,” he says.

Tanner declined to provide specific details about the club’s financial loss but says the last five years have been a struggle.

“Our expenses are just way too high and the economy has gotten to our members,” he says, adding the decision to close was made in recent days. “There’s no good time to do it. We couldn’t continue to lose money.”

There’s no chance the club will reopen in another location, Tanner says. It would simply be too hard to set everything back up. Tanner says he also doesn’t know for certain what will happen to the club’s space on the 21st floor of the Chase Bank South Tower.

Tanner purchased the club in 1999 after the Texas-based ClubCorp, which owns and operates private golf and country clubs, announced plans to close the club, citing a rent increase.

Tanner says at its peak the club had 900 members. Currently, there around 400, he says. New members would primarily be brought into the club on the recommendation of existing members, Tanner says, or the club would contact someone it believed would be interested in joining. He attributes some of the loss of members to attrition—people dying or moving away.

Existing members were still proposing new members in recent years, he adds, but not nearly enough to make up for those lost through attrition. He also says lobbyists—who historically have taken politicians to lunch and dinner at the club—stopped spending top dollar for meals at the club when new ethics rules were put into the place in recent years. The club also has been used for weddings and other large events. Tanner says alternate locations for such events booked for later this year at the club have been found.

“It’s a hard thing,” Tanner says. “I don’t know if the business model even is viable anymore.”

—Alexandria Burris
Posted by LSU fan 246
Member since Oct 2005
90567 posts
Posted on 3/11/16 at 4:20 pm to
Should have just made it an Eyes Wide Shut type of club.
Posted by J Murdah
Member since Jun 2008
40111 posts
Posted on 3/11/16 at 4:23 pm to
Blaming the economy

I went for Restaurant Week one time and it was not very good.
Posted by List Eater
Htown
Member since Apr 2005
23693 posts
Posted on 3/11/16 at 4:37 pm to
Had a few holiday meals there growing up, it was nice.
This post was edited on 3/11/16 at 4:38 pm
Posted by King Dongg
Lower 9th ward
Member since Mar 2016
157 posts
Posted on 3/11/16 at 4:39 pm to
another piece of Baton Rouge history gone down the tubes .... its sad to see
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
77725 posts
Posted on 3/11/16 at 4:42 pm to
Seems like a classic case of losing its luster. With the emergence of Third St, Shaw Center and downtown in general, seems like this place was simply lost in the shuffle.
Posted by barbie150
Baton Rouge
Member since Jan 2013
291 posts
Posted on 3/11/16 at 5:00 pm to
Yeah, Paul, downtown is always packed... Like what, only Friday & Saturday from 11pm til 2am.
Purty,,,,,,
Posted by Kajungee
South ,Section 6 Row N
Member since Mar 2004
17033 posts
Posted on 3/11/16 at 5:01 pm to
Camelot Club was in its prime when it was located in back of the Oak Manor Motel.

Least it was to me, Sneaking into the private pool was great times.
Posted by Paul Allen
Montauk, NY
Member since Nov 2007
77725 posts
Posted on 3/11/16 at 5:01 pm to
Thursday night is really packed too
Posted by Rickety Cricket
Premium Member
Member since Aug 2007
46883 posts
Posted on 3/11/16 at 5:07 pm to
Were you ever approached about membership?
Posted by little billy
Orange County, CA
Member since May 2015
8469 posts
Posted on 3/11/16 at 5:34 pm to
I was supposed to propose to my first wife there but was too nervous and proposed in the parking garage after dinner instead. Good times.
Posted by MNCscripper
St. George
Member since Jan 2004
11870 posts
Posted on 3/11/16 at 5:40 pm to
My sister had her wedding reception there
Posted by LSUfootball222
Member since Oct 2009
1165 posts
Posted on 3/11/16 at 6:21 pm to
where did you find this article
Posted by BayouBandit24
Member since Aug 2010
17066 posts
Posted on 3/11/16 at 6:25 pm to
quote:

proposed in the parking garage


quote:

my first wife


checks out
Posted by LouisianaLady
Member since Mar 2009
82660 posts
Posted on 3/11/16 at 6:49 pm to
Business Report.
Posted by Rouge
Floston Paradise
Member since Oct 2004
138138 posts
Posted on 3/11/16 at 6:53 pm to
quote:

the club facing a “dramatic” rent increase it can no longer afford to stay open. 


UNACCEPTABLE

I AM BOYCOTTING!!!!!
Posted by LSUMJ
BR
Member since Sep 2004
20604 posts
Posted on 3/11/16 at 7:40 pm to
Posted by lilwineman
Baton Rouge
Member since Dec 2008
1053 posts
Posted on 3/11/16 at 8:03 pm to
I saw this coming a long time ago. It's not just them, it's the concept of these types of clubs nation wide. A lot of them are losing their luster for the late 20s-early40s crowd who just don't see an interest in at anymore. And with our food society getting more knowledgable, the meal itself is sometimes more important than the venue attended.
Posted by LSUMJ
BR
Member since Sep 2004
20604 posts
Posted on 3/14/16 at 2:06 pm to
The Camelot Club’s closure Friday came just two weeks after its landlord sued the downtown institution in 19th Judicial District Court, claiming the club owed more than $257,000 in back rent.

“The defendant, Camelot Inc., has failed to pay petitioner any payments on many months and has only made partial payments on some months,” Tower Real Estate Holdings LLC said in the lawsuit. “The defendant, Camelot Inc., has also written the petition NSF (non-sufficient funds) checks on several occasions.”

Camelot Inc. breached its contract and Tower mailed the company an eviction notice, the lawsuit says. Tower also asked the court to allow it to seize the Camelot Club’s property, except those items protected by state law.

Owner Tom Tanner sent a letter to club members Friday, saying the club had no other option than to close.

He blamed the club’s closing on a dramatic increase in rent and declining membership.

“It is a sad day for all of us,” Tanner said in the letter.

However, Tower’s lawsuit says Tanner and the Camelot Club’s 10-year, seven-month lease, which began April 1, 2013, started with monthly payments of $25,688.79 that would escalate to $27,771.67 in the last year of the lease.

LINK
Posted by ynlvr
Rocket City
Member since Feb 2009
5284 posts
Posted on 3/14/16 at 3:46 pm to
Met my wife there 30 years ago. Probably saved me from ruin

Things have never been the same for the ritzy City Clubs since the The Tax Reform Act of 1986 nearly closed the candy store. It slowed down the 3 martini lunch crowd tremendously. Camelot and others like it have been in a slow death spiral ever since. Surprised it took this long.
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