Kildare’s Officially Closing Its Doors After Almost Six Years In Business
After replacing Hooter’s in August of 2010, popular Irish pub Kildare’s will be officially closing its doors a bit earlier than expected after being bought out by Chicago-based real estate firm CA Ventures for $7.5 million in November.
Though no plans concerning the pub’s official closing date was set in stone, Kildare’s was expected to operate into 2017, in accordance with the building’s lease. But it was announced today that the pub would be closing effective immediately for demolition purposes so new development construction can commence.
Unfortunately, due to construction beginning – we have had to close earlier than expected effective immediately so demolition can begin on our building. We have loved being here with you for the last 5.5 years, Penn State. You are an amazing group of charitable, smart and INCREDIBLY fun people and we are grateful to have served you. WE ARE…going to miss you all! ?
CA Student Living, who is owned by CA Ventures, plans to build an versatile multi-use building featuring both graduate student and professional housing on the sought-after 538 E. College Ave. property, which could reach up to 12 stories in height after the Borough Council passed a collegiate housing overlay text amendment in July of 2015 that would allow high rises to exceed the previous maximum of seven stories. The first two floors will be used for graduate and professional housing, with the rest expected to be available to undergraduates. 532 E. College Ave. is also included, and the new development will feature space for commercial use.
The popular pub served as a hotspot for the 21+ crowd on the east side of College Ave., and will be dearly missed — especially for those living on the east end in search of a nearby spot to grab a drink.
H/T to Statecollege.com for the scoop.