Vic Ryckaert

IndyStar

Financial troubles finally sunk Latitude 360 Thursday when the Far Northside entertainment complex shut its doors for good.

The company announced the closure of its location at 4016 E. 82nd St. and another in Jacksonville, Fla., in a news release Thursday.

"We want to thank these communities for their support and loyalty," CEO Brent Brown said in a written statement. "Although there is disappointment in closing these two locations, our brand and concept remain strong."

The company's Pittsburgh location remained open Thursday.

On Wednesday, Latitude 360 and landlord 30 West Pershing, LLC., settled a federal lawsuit over more than $3.1 million in unpaid rent for the Indianapolis location.

Under the court order signed by U.S. District Court Judge William T. Lawrence, Latitude 360 agreed to close Thursday and leave everything behind including the furniture, bowling alleys, pizza ovens, TVs and kitchen equipment.

Last month, Latitude 360 shut down after the Indiana Department of Revenue plastered its Indianapolis location with signs suggesting the business failed to turn over sales taxes.

Owners reopened about two weeks later.

The publicly traded company struggled with financial losses the past two years that have run into the millions of dollars.

The venue opened in 2012 as Latitude 39.

Jeff Swiatek contributed to this story.

Call IndyStar reporter Vic Ryckaert at (317) 444-2701. Follow him on Twitter: @vicryc.

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