FunDimension, a family-friendly arcade and entertainment venue in Miami’s Wynwood Arts District, has filed for Chapter 11 bankruptcy in hopes of restructuring its business. The arcade, which has been a popular spot since opening in 2017, submitted its petition on October 4 in the U.S. Bankruptcy Court for the Southern District of Florida.
Founded by Miami entrepreneur Joyce Alarcon-Frohman, FunDimension offers a mix of indoor and outdoor entertainment for families. But in recent years, the business has hit some financial hurdles. According to the 45-page bankruptcy filing, the company owes nearly $1.8 million, while its assets are valued between $500,000 and $1 million.
One major hit came in 2023 when local fire code changes forced FunDimension to close its four-story indoor playground, a big draw for children’s birthday parties. They tried to pivot by adding bowling lanes, but the construction costs and additional debt—over $240,000—pushed them deeper into financial trouble. The arcade was also impacted by the expiration of a noise permit that had allowed them to host late-night events, a popular feature in Wynwood. Without that permit, they lost a significant chunk of their revenue.