Monfort Companies Adds El Chapultepec to Market Street Properties

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Montfort Companies is buying El Chapultepec, will merge with Giggling Grizzly space.

Conor McCormick-Cavanagh

The McGregor Square site at 1901 Wazee Street was just a parking lot when El Chapultepec was at the peak of its popularity. Jerry Krantz had taken over ownership of the bar from a relative in 1968, and introduced jazz there. Over the years, it featured performances from legends like Ella Fitzgerald, Chet Baker and Tony Bennett; Bono, Mick Jagger and former President Bill Clinton all patronized the joint.

“Jazz musicians and blues musicians, they shouldn't have to time their sets around the baseball innings and when the crowd is going to get out and be wild," Diaz said at a December 2020 press conference outside the club."They should be able to play their music, and the crowd [should] just be there to enjoy them. And that's been really difficult to manage, and we've been doing it a long time.

In early 2021, Valentes Corleons, an aspiring nightclub maven whose legal name is Hussam Kayali, announced that he'd be taking over the El Chapultepec building and renaming it Cantina. By then, many of the club's historic contents had been sold.

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