Ted’s Montana Grill closes, three new stores plan to open in Clay Terrace


Several new retailers will open in Clay Terrace this year. (File photo)By Heather Collins

Things at Clay Terrace are starting to look a little different. On June 27, one of the original restaurants in Clay Terrace, Ted’s Montana Grill, closed. The company said the grill had to make a tough decision to better position the brand for the future. The nearby Ted’s Montana Grill in Trader’s Point will remain open.

“We made the decision to consolidate our presence in Indianapolis to a single location,” said public relations and marketing manager for Ted’s Montana Grill, Derek Walls. “It’s currently better-positioned for long-term growth.”

Walls noted that while Ted’s Montana Grill is a chain, the company sources everything locally, and has a strong focus on sustainability and environmental responsibility, which makes it a more expensive company to operate compared to similar chain restaurants.

The brand has recently opened new locations in Delaware, Ohio and Kentucky.

Walls said Ted’s Montana Grill will continue to grow in other markets and continue their focus on the great American mid-West and a time when things were more simple and straight to the point.

“We pride ourselves on being completely transparent and authentic,” Walls said.

Former employees of the Clay Terrace Ted’s Montana Grill location are encouraged to apply to the Trader’s Point location.

Jennifer Jones

Jennifer Jones

Jennifer Jones, general manager at Clay Terrace, said Clay Terrace does not currently have a specific new tenant for the space to announce at this time, but that the leasing team is actively working to lease the space.

Three new tenants will set-up shot in Clay Terrace this year including Closet Candy Boutique, Fidelity Investments and Forever 21 Red.

Closet Candy Boutique is a fashion retailer and will open in August. This will be the first brick-and-mortar location for the online boutique that features women’s clothes, jewelry and accessories.

Forever 21 Red features everyday essentials clothing for men, woman and children and will open before the end of the year.

Clay Terrace is at 14390 Clay Terrace Blvd, in Carmel, Ind. For more, visit clayterrace.com.

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