Tuesday, March 07, 2000
Carroll set to buy brewery building
Eatery to get NASCAR theme
BY PATRICK CROWLEY
The Cincinnati Enquirer
FORT MITCHELL — Kentucky Speedway developer Jerry Carroll is negotiating to buy the Oldenberg Brewery and give its restaurant and dance hall a NASCAR theme.
Mr. Carroll is close to finalizing the deal to purchase the Buttermilk Pike building from the Drawbridge Inn and Convention Center, the hotel complex next to the Oldenberg, sources close to the deal said Monday.
Neither Mr. Carroll nor members of Drawbridge's management would return phone calls Monday. But Burbank's Real Bar-B-Q restaurant closed Monday, and Chameleon's dance hall there is scheduled to close after a March 18 concert, business sources said. They added that Oldenberg will continue to make beer in the 13-year-old building.
Mr. Carroll wants to use the facility to help market the motor speedway he is building just off Interstate 71 in Gallatin County, about 35 miles from Fort Mitchell.
He is considering turning the former Burbank's into a NASCAR-themed restaurant and may use the dance hall — formerly known as Coyote's — as part of the restaurant or turn it into a NASCAR museum, the sources said.
Mr. Carroll will also move the speedway's ticket office from the Drawbridge into the Oldenberg building.
When the hall originally opened, it was operated as a beer museum.
“We lost our lease because Jerry Carroll bought the building,” a woman who worked at Burbank's said Monday. She would not give her name.
“That's what we're being told,” she said. “Jerry Carroll's been in and out of here a whole lot lately, so the employees just kind of figured something was up.”
A call to Burbank's corporate office was not returned. A chalkboard in front of the restaurant had a message that Burbank's would soon be announcing another Northern Kentucky location.
Burbank's also has restaurants in Sharonville and in Beavercreek, Ohio. The company was started by WLW radio personality Gary Burbank.
Oldenberg was founded in 1987 by Drawbridge developer and President Jerry Deters. In June, the brewer of microbeers filed for Chapter 11 bank ruptcy protection, listing assets of $5.2 million and debts of $3.3 million.
Late last year Oldenberg was sold to Silver Creek Brewing Corp. of Sellersburg, Ind., for $450,000. The company will continue making beer in the building's microbrewery.
The Kentucky Speedway is scheduled to open and hold its first race June 17. Tickets for individual events went on sale Monday.
Mr. Carroll, who lives in Fort Mitchell, used to own Turfway Park, the thoroughbred race track in Florence. He sold the track last year.
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