Tattered Cover is closing a chapter on its presence in LoDo.
The bookshop chain’s 12,500-square-foot store on the corner of Wynkoop and 16th streets will shut down on March 17, according to new owner Kwame Spearman.
BusinessDen broke the news last May that the store would be relocating to McGregor Square, the mixed-use project being built by the owners of the Rockies across the street from Coors Field.
Spearman told BusinessDen in an email that Tattered Cover is targeting a May 2021 opening date for the McGregor Square location. He added that he did not know who would be taking over their former Wynkoop location.
“We are sad to leave this historic location, but the cost of rent does not make sense for us as a business,” Spearman wrote. “The staff is hopeful that people will stop by to share their memories of the space and help us say goodbye…”
Tattered Cover originally opened its LoDo store in the Mercantile Square building in 1994. It leased two floors until 2013, when it downsized to just the first floor.
The bookshop, which was founded in 1971, has other locations in Union Station, on Colfax Avenue near East High School and in Littleton. It’s also planning to open a fifth store in Westminster.
Tattered Cover recently changed ownership. Len Vlahos and Kristen Gilligan, who purchased the company in 2015, sold it in December to an investor group called Bended Page. That group is led by Denver natives Spearman and David Back, who operate the business, and backed by prominent Denverites including Dick Monfort, along with former bookselling executives.
Monfort also leads the development team for McGregor Square, which is nearing completion. Other retail tenants include Bank of Colorado, Tom’s Watch Bar and Italian restaurant Carmine’s.
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