November 29th 2024.
After acquiring Cherry Creek Food Hall & Brewery for a hefty $5.2 million, Houston-based RCI Hospitality Holdings Co. has announced their plans to shut down the business on November 30th. This news was shared through a Facebook post, leaving many patrons and fans of the establishment surprised and disappointed.
The food hall, located at 6575 Greenwood Plaza Blvd., was previously owned by well-known Denver chef and restaurateur Troy Guard. Guard had opened the food hall in 2021, under the name Grange Hall, and it housed various concepts of his, along with a brewery and a few other restaurants. However, after two years of ownership, Guard decided to sell the business to RCI.
In an interview with The Denver Post, Guard revealed that selling was not something he had initially planned on. However, RCI made multiple offers, each one more enticing than the last, ultimately convincing Guard to sell. He also mentioned that the COVID-19 pandemic played a role in his decision to sell.
RCI is a publicly traded company that owns a variety of restaurants and strip bars across the country, including Diamond Cabaret and PT's Showclub. They saw the acquisition of Grange Hall as an opportunity to introduce their Bombshells sports bar brand, which is similar to popular chains like Hooters and Twin Peaks. As part of their rebranding efforts, RCI renamed the food hall and brought in new concepts.
Despite their efforts, RCI has decided to close down the food hall due to high labor costs. In a statement to The Denver Post, they expressed their disappointment and mentioned that the building will be put up for sale. This news has left many in the community wondering what will become of the beloved food hall.
In the meantime, food enthusiasts can keep up with the latest news and updates in the Denver food and drink scene by subscribing to Stuffed, a new food newsletter that delivers all the juicy details straight to their inbox.
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