Two years after buying Cherry Creek Food Hall & Brewery for $5.2 million, Houston-based RCI Hospitality Holdings Co. plans to close the business on Nov. 30, according to a Facebook post.
RCI purchased the operation, 6575 Greenwood Plaza Blvd., from well-known Denver chef and restaurateur Troy Guard, who had opened it in 2021. At the time, it was known as Grange Hall and contained several Guard concepts, along with a brewery and a few other restaurants.
“We weren’t interested in selling, honestly, but RCI came back to us three different times, and each time they did, the price was more and more and more,” Guard told The Denver Post at the time, adding that he was selling because of the effects of the COVID-19 pandemic.
RCI is a publicly traded company that owns numerous restaurants and strip bars around the country, including Diamond Cabaret and PT’s Showclub. It was looking to Grange Hall as a way to introduce its Bombshells sports bar brand, which is similar to Hooters and Twin Peaks.
It eventually renamed the food hall and changed out all of the concepts.
“Unfortunately, labor costs were just too high to make the concept work,” RCI said in a statement to The Denver Post. The building will be listed for sale.
