Zanitas Mexican and Margaritas -- a Tex-Mex restaurant that opened on the corner of Boulder's University Hill long occupied by Jones Drug -- has closed its doors for good after four months in business.
Signs posted on the windows of Zanitas, 1352 College Ave., stated that the restaurant would close Dec. 22 for the Christmas holiday and re-open at 11:30 a.m. Jan. 7.
By Monday, however, the restaurant had not reopened, and the interior fixtures -- including tables and equipment -- had been removed.
Mike Boyers, owner of the Lofts on College property where Zanitas leased a 3,000-square-foot space, said Zanitas' operators decided to close the restaurant and that both parties "came to an amicable agreement."
He did not disclose the terms of the agreement.
The operators of Zanitas could not be reached for comment.
Zanitas served as the street-level restaurant anchor to Boyers' mixed-use development that replaced the long-standing Jones Drug.
Boyers has said he hoped his redevelopment projects -- which included the former Jones property off 14th Street and College, two buildings along 13th Street and a former fraternity at 955 Broadway -- would spur a revitalization of the Hill business district.
"(The closure of Zanitas) is a bad move for the Hill," he said. "There's no glossing over that."
Noting interest he received in the restaurant site prior to Zanitas' opening, Boyers said he does not expect the space to remain vacant for long. The tenant finish by Zanitas' operators also should bolster interest, he added.
"I do think it's going to take us a few months to get it filled," he said. "But it won't take us eight or nine months to get it filled. It's too good of a spot."
Contact Camera Business Writer Alicia Wallace at 303-473-1332 or firstname.lastname@example.org.