DENVER (KDVR) -- The Giggling Grizzly bar in downtown Denver announced that it is closing its doors this summer.

The bar posted a statement from its owner on Facebook, explaining that the closure comes with the building's purchase by local developers.

"We came out here all those years ago to expand our hospitality properties to the Rockies, but what we found was family and friends. We have had sooo many ups, and sadly, some pretty sad downs, but we have loved every minute of it," the statement reads.

The bar said its last day of business will be on Sunday, July 6.

"We will have one last 4th of July weekend with the Rockies and fireworks, and many days in between to come say Hi to all of our awesome team, and goodbye to a place that we hope has brought you many smiles, laughs, and maybe

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