Owners of Yosemite Sam's have confirmed they are shutting their doors after selling the property to Loeb Properties. The karaoke bar is set to close on August 27th. There are conflicting reports as to what Loeb plans to do with the property. Although Loeb has not made a formal statement, Yosemite Sam's owners told The Commercial Appeal that Loeb plans to restore the property. Other sources have indicated the Loeb plans to take down the existing building and develop it as a parking lot or add a new building. Loeb also owns several properties on and around Overton Square and it leading a charge to develop the area into commercial/retail center for Midtown.
Late night weekend drunken karaoke will be missed on Overton Square. Speaking of karaoke, the Midtown Blue Monkey is getting some pretty good crowds on Thursday night for karaoke. Great people watching.