Myth Nightclub Shuttered For Now
The future of the
Venue owner Mike Ogren told the Minneapolis Star Tribune that he’d leased the 38,000-square-foot club, opened four years ago, in July to a group interested in eventually buying the business. Ogren claims the group stopped paying the bills, so he evicted them as of Aug. 19. He plans to have the club reopened by Sept. 1, the paper said.
However, Steve Sadowski, in charge of Myth’s parent corporation Club Rage, told the Star Tribune he took over the club to try and recoup a $3.5 million loan he made to Ogren for a now-defunct gambling Web site, zosoz.com. He denied Ogren’s allegations regarding the club closure and told the paper the business is in serious financial trouble.
That reportedly includes creditors filing lawsuits in Ramsey County District Court seeking more than $16 million. The filings include a foreclosure notice on the building and court-ordered judgments in the amount of $3.3 million, the paper said.
Adding to the legal mess is that Ogren Properties, the real estate company run by Ogren and his mother, Katherine, reportedly owns the property that Myth sits on.
Lack of a solid reopening date for Mythhas led promoters to move Regina Spektor’s Sept. 11 concert to the State Theatre in Minneapolis, the paper said.
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