On the Exchange Pub + Kitchen's new location downtown.

The Exchange pub + kitchen opened this week for dinner service only (5:00 p.m.) at the new location is 118 W. Main, across from the YMCA, and adjacent to Feast BBQ.

Yesterday I stopped by to check it out, and was told that lunch hours probably will start after the holidays. However, in this instance, as with all question, get the answers straight from the Exchange itself by calling (812) 948-6501.

What I've heard so far about the food and drink has been uniformly excellent, and a word must be said about the build-out and ambiance: Arguably, this is Steve Resch's greatest rehab/design work. The Exchange's classy new digs take a back seat to none on metro Louisville, and in addition, there's a great view of the modernist Y and Sherman Minton Bridge on the other side of Main. In this space, both Steve's and Ian Hall's vision comes to fruition.

Ian and his Exchange pub + kitchen, on Kickstarter.

From Ian Hall, owner of Exchange pub + kitchen, comes this message:

"Here is a link to our kickstarter page to generate some additional funding for our downtown project. Click to see how you can be a part."

All the way back in 2005, the decrepit Shrader Stables building was the subject of hope. With Feast BBQ already occupying the smaller, attached tavern building to the east, the dream is fast coming to fruition, and I'm very happy for everyone involved.

It's official: "The Exchange pub + kitchen to relocate to downtown New Albany this fall."

Ian's back from Florida, the relocation wheels are turning, and so here's the official press release documenting the plan for the Exchange pub + kitchen's move to downtown New Albany (in the space to the left above).

An interesting aside: They may appear as one, but the Exchange space and the forthcoming Feast BBQ side (to the right) are separate buildings. I was wondering about that.

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For Immediate Release
Contact: Ian Hall
Tel.: 812.948.6501
Email: info@newalbanyexchange.com

The Exchange pub + kitchen to relocate to downtown New Albany this fall.

New Albany, IN (June 19,2012) The Exchange pub + kitchen will be relocating this fall just 3 miles away from its current location on Grantline Road to 118 W. Main St. in downtown New Albany. According to Ian Hall, President of BRAND Hospitality Group, “our existing lease is expiring this fall and I have decided to take advantage of the opportunity to work with local real estate developer Steve Resch. We have purchased the historic Shrader's Stable building in downtown New Albany at 118 W. Main St. This project has been 2 years in the making and I felt the timing was ideal to make the transition. When the opportunity to work with Steve Resch came along it was something that I could not pass up.” As a result of the move the company will be adding additional job opportunities to the community.

The new location is being completely renovated to showcase the buildings historic feel. In keeping with history of the building, the focus will be on using reclaimed and salvaged materials throughout. “We are keeping the building as original as possible to maintain the the history that surrounds Shrader's Stable. It is such an amazing space with so much history to the city of New Albany and I can't wait for our guests to have the opportunity to experience it”, Hall said. The Exchange pub + kitchen will offer seating for 150 patrons and will include an elevated bar area with a 30 foot reclaimed bar, as well as an indoor-outdoor patio space complimented by carriage style doors that will open up to Main St. Guests will be drawn to the soaring 20 foot ceilings complete with exposed bridge trusses. There will also be a private dining space located on the second floor that will available for up to 50 guests, complete with the original windows of the building offering views of the Ohio river and a 30 foot balcony that will overlook the restaurant below.

Guests will continue to receive the same outstanding customer service and high quality food and beverage in a comfortable and casual setting. Executive Chef Rick Adams will offer his American Seasonal menu that will rotate throughout the year, with an emphasis on local products and purveyors. Savory local inspired menu items include 3D Valley Farms Angus Burgers, Bourbon Beer Cheese with Klaus' Pretzel Baguette, Duncan Farms Braised Rabbit with celery root puree and a rosemary stock reduction, Pan Seared U10 Scallops with Capriole Farms Goat Cheese Risotto, Shrimp and Grits with a smoked tomato chutney, and a classic Steak Frites are just a few of the seasonal menu selections.

The restaurant will be open for lunch Monday thru Friday 11a.m.-2:30p.m. Dinner will be available Monday thru Friday from 430p.m.-10p.m., with Saturday hours from Noon – 10p.m. There will be a late bar menu available in the lounge Thursday thru Saturday until 12 a.m.

About BRAND Hospitality Group: Owner Ian Hall has been in the food and beverage industry for over 20 years. The Exchange pub + kitchen was established in January 2011 and has quickly become one of the areas most well known dining destinations. The focus at the Exchange is high quality food and beverage in a comfortable and casual setting. Seasonal rotating menus and the use of local products and purveyors are the cornerstone of the kitchen. The beverage program puts an emphasis on rotating craft beers, house made signature cocktails made from fresh ingredients and premium spirits, and boutique style wines. To find out more about BRAND Hospitality Group and the Exchange pub + kitchen visit www.newalbanyexchange.com.

Lots of activity in Shrader Stables. Hmm, wonder what this means?

From 2005: Recapping the Historic District Building Tour and Field Day, Part 3: Shrader Stables.

From 2009: Resch to buy Shrader Stables property.

From 2012: NAX: Real estate dudes say, "Restaurant moving to new location."

Resch to buy Shrader Stables property.

Deal struck for Shrader Stables, by Daniel Suddeath (News and Tribune)

The New Albany Redevelopment Commission has reached a deal to sell the Shrader Stables property to Resch Construction, Deputy Mayor Carl Malysz confirmed Wednesday.

Malysz said details of the transaction would be divulged during a Jan. 12 commission meeting.

As is mentioned in the article, Steve Resch has been involved with the renovation and adaptive reuse of several downtown New Albany buildings, including NABC's Bank Street Brewhouse.

Here's hoping for another success story.

Open thread: Mayor says sell Baptist Tabernacle and Shrader Stable.

New Albany Mayor Doug England wants to sell church, stable sites, by Daniel Suddeath (The Tribune).

Mayor Doug England is asking the New Albany Redevelopment Commission to make the Baptist Tabernacle building available to private ownership interests today...

England is also requesting the historic Shrader Stable property — finished in 1875 — along Main Street be sold. The administration would like to develop stringent guidelines as to who can purchase the Tabernacle and Stable sites.

What's the best outcome? Tightly controlled development that seeks to protect the historic integrity and prime locations of the sites or undefined rehab and fixing the Tabernacle roof as Dan Coffey suggests? Or should the City sell them now at all?