300 Josephine Street | Syrup
Another longtime Cherry Creek restaurant is preparing to leave the neighborhood.
Syrup has confirmed that it will close its original Cherry Creek location in August after serving the neighborhood for more than 15 years. While the closure marks the end of an era for the restaurant’s flagship location, the company emphasized that it is not leaving Denver. Its City Park, Capitol Hill, Edgewater and Downtown locations will all remain open.
According to the restaurant, the decision ultimately came down to economics. After more than a decade and a half in one of Denver’s most competitive retail districts, Syrup has been priced out of Cherry Creek.
According to the 2025/2026 State of Cherry Creek Report, Cherry Creek’s retail market remains one of Denver’s most competitive, with vacancy holding at a remarkably low 1.9% and asking lease rates jumping 16.2% year‑over‑year, from $31.02 to $36.05 per square foot as retailers compete for scarce space in the district
That upward pressure is now reshaping the tenant mix, today its Syrup, Yesterday it was Sol Mexican Cocina. The space is already being marketed for immediate occupancy beginning September 1, signaling just how quickly operators move to secure prime Cherry Creek frontage. Though Syrup will continue expanding elsewhere in the metro area, its departure highlights a broader trend: as rents climb and demand intensifies, longtime local operators must increasingly decide whether they can remain in one of Denver’s highest‑priced, fastest‑evolving retail districts.
The good news for loyal customers is that the brand isn’t shrinking. Ownership confirmed that a new location is already in the works, although it has not yet been announced. The replacement restaurant will be located elsewhere in the metro area and will not be in Cherry Creek.
Founded in 2010 by Tim Doherty, Syrup has grown from its original Cherry Creek restaurant into one of Denver’s best-known local breakfast concepts, building a loyal following with creative pancakes, brunch favorites and cocktails before expanding across the metro area.
As Cherry Creek continues to see rising rents and increasing competition for prime retail space, Syrup becomes the latest longtime business to exit the neighborhood while continuing to invest elsewhere in the region.