It's been rumored for quite some time, now it's official. Closing date hasn't been confirmed. KNCI reported they had already shut down, but I called the restaurant and the employee who answered said that she could only confirm that they are open today.
I hate to see a business close their doors, and this will leave a huge void at Palladio, but I am not surprised in the least.
They have really been plagued by service issues, employee turnover (including several managers), and the food wasn't getting rave reviews, either.
I went there once and spotted a friend at the bar. He told me he had been waiting almost an hour for his food.
On another occasion I went with my wife to meet 2 friends for a concert. We got there early and found our friends sitting in the front dining area.
They had already ordered. The waitress was nowhere to be found. I got up and went to the bar and ordered drinks.
When the waitress arrived to deliver the food, I asked for menus.
She didn't come back, and I went looking for her. I spotted her and her friends dancing by the bussing station.
We went and hung out by the stage and enjoyed the concert, but didn't eat.
I knew one of the managers and gave her a call about it the next day. She told me to come in and she'd comp me dinner.
We went, and the service was nearly as bad, and the waitress got our order wrong.
I've heard other similar stories, so again, sorry to see a business close, but not surprised.