ALBUQUERQUE, N.M. — Just over a year after its high-profile debut, The Stumbling Steer is keeling over — and a well-known Albuquerque restaurateur is ready to take over its space.
The West Side gastropub — which opened to fanfare in February 2014 after a nearly $2 million overhaul of the old Quarters at 3700 Ellison NW — announced the news on its Facebook page Monday, noting that Friday would be its final night of business.
The post doesn’t detail the reasoning behind the closure, and Min Lee, part of the team that opened the 270-seat pub last year, couldn’t immediately be reached for comment.
“We have had great experiences and have valued our customers since day one. The end of one era begins another one. A new company has bought the building and will be reopening soon,” the Facebook post said.
Mike Baird, owner of Vernon’s Speakeasy, has told the Journal he is purchasing the 25,000-square-foot building for about $4.8 million. He and his partners in the venture plan to divide the space up for eight tenants. They include a location of Vernon’s Open Door — a new, casual-dining spinoff of Vernon’s he’s launching this year — and a new brewery, Sugar House Brewery, that will provide beer to his various restaurants. Baird said the project will also include a new Wise Pies Pizza & Salad, plus several other retail operators.
“(We’re) in negotiation with some great national tenants,” he said.
Baird said he will name the development the Nick Nellos Shopping Center after the late Nick Nellos, who originally designed the building for Quarters.