The previously announced plans for a new restaurant to open this spring in the former Bácaro Venetian Taverna space in downtown Boulder will not come to fruition.

The 5,000-square-foot space at 921 Pearl St. has returned to the possession of property owner Conscience Bay Co. and is being listed for lease, said Ben Woolf, director of investments for Boulder-based Conscience Bay.

When Bácaro officials announced plans in early February that the Italian restaurant would shutter after more than 15 years in business, operators said the business was sold to Chris Holston, who planned to renovate the space and open a new eatery by the springtime.

“For lease” signs recently were posted on the property's front doors.

Woolf declined to comment on the former tenant, adding that “the space came back to us.”

Conscience Bay officials are in preliminary discussions with some potential tenants, he said.

“We've actually had very strong activity on the space,” Woolf said. “We've toured a lot of potential restaurateurs through it.

“We are going through a process of determining what group we want to try to work with and what kind of restaurant would fit.”

Holston could not be immediately reached for comment.



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