This story appeared as part of the 2010 Year In Review issue. The Daily Tar Heel resumes publication Jan. 10.
Rat packs may have to wait a little longer than originally expected for a Chapel Hill landmark to re-open.
Diane Fountain, one of the new owners of the Ramshead Rathskeller, said the opening date of the restaurant and bar has been pushed back to January or February.
“What took so long was the construction budget,” she said. “To come in and renovate, I’m at about close to $1 million.
“It was a lot more than I anticipated.”
The Danzigers, a family of Austrian immigrants, opened the Rathskeller, nicknamed “The Rat” in 1948 after moving to Chapel Hill. The space sits on Amber Alley below Franklin Street and across from Bandido’s Mexican Cafe.
The Rathskeller closed in 2008 after the owner failed to pay his taxes, Fountain said.
Fountain said that while investor interest in the renovation of the Rat has been high, the costs of re-opening have forced her to re-evaluate some aspects of the business.
“The resources I don’t feel are a problem,” she said. “What I thought it was going to be doubled, so I had to drop back and punt.”