General manager and co-owner Tom Haas says the decision to close his dream venue was difficult. "Ultimately, the decision became a question of the balance between finances and contribution to the neighborhood. I truly want The Grace Street Corridor to reemerge as a focal point for both the city, and the region, and I believe it will. I think we provide a valuable service for guests on nights when there is a show at Center Stage, and the feedback is overwhelmingly positive, but it’s the other five days of the week when we struggle."
A fundraiser at the restaurant that is set for Monday, April 21 will continue, as well as another private event in May. Haas says he hopes a more experienced restaurant operator will take over the space, which underwent a major renovation in 2012, and opened to fanfare as the first in a series of restaurants reviving that section of E. Grace St.