Plank, the popular Oakland entertainment venue known for its bowling lanes, restaurant and bar patio, will permanently close in Jack London Square this August.\u00a0<\/p>\n
The establishment said on social media that persistent revenue declines over the past two years, as well as rising expenses, have made operations financially unsustainable, according to a statement to customers. <\/a><\/p>\n \u201cIt is with great sadness that we announce the upcoming permanent closing of Plank,\u201d the company said.<\/p>\n The closure comes as Dave & Buster\u2019s, a national chain, opened a new 33,000-square-foot arcade, restaurant and sports bar at 55 Harrison St., about two blocks away from Plank. <\/p>\n Plank opened in 2014 and became a fixture on Oakland\u2019s waterfront, known as a family-friendly spot for parties, corporate events and community gatherings. The entertainment venue said it will continue operating until Aug. 2.\u00a0<\/p>\n Customers with events booked after that date will receive full refunds of their deposits, according to the announcement. <\/p>\n Plank\u2019s management also urged customers holding gift cards or game cards to redeem them before the closure date, after which the card will no longer be valid.\u00a0<\/p>\n \u201cFor the next couple of months, there is more fun to be had,\u201d the company said in its farewell message. \u201cWe look forward to seeing you soon.\u201d<\/p>\n The impending closure will add to the vacancy rate in Jack London Square, which has struggled over the years to draw foot traffic and retain businesses.<\/p>\n