Downtown Denver businesses shutter as leaders continue push for post-pandemic revival

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Downtown Denver businesses shutter as leaders continue push for post-pandemic revival
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Rob Harris is so excited to be returning to his home state and telling stories with the Denver7 team! Having grown up in Fort Collins, he loves the people, places, and adventures that Colorado has to offer.

DENVER — Several businesses in downtown Denver have recently announced their permanent closures despite city leaders' continued work toward pre-pandemic levels of traffic and occupancy.

But in early February — three months after the bakery’s grand opening — Fanakra closed the shop for the last time. She blames insufficient traffic over the winter months to sustain her business. Fanakra is not alone. The Three Saints Revival restaurant in lower downtown announced this week it was permanently closing.

Data from the Colorado Restaurant Association shows Denver had a net loss of 222 restaurants between July 2022 and July 2023, constituting more than 11% of the city’s total. Before the pandemic, Denver saw a 3% to 5% growth in restaurants each year. The Colorado Restaurant Association blames several factors facing business owners.

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