One of Perth's oldest and best-known pubs will undergo a multimillion-dollar redevelopment after its owners quietly shut its doors at the weekend.
The Leederville Hotel's management conceded the pub had been nicknamed the "Seedy Leedy" in recent years because of the behaviour of its customers, most of whom were aged 18 to 21.
Owners FJM Property made the decision on Tuesday, so Saturday night was the last chance patrons had to dance in its famous dance-floor cages. Four closing parties planned for coming weeks will not go ahead.
But the hotel plans to open again with a new name, first as a concept bar serving share plates of food and cocktails from March and later as a venue aimed at attracting a more sophisticated clientele.
Property developer Adrian Fini is one of the directors behind the redevelopment.
Hotel general manager Jason Antczak, who also manages neighbouring venue The Garden, which remains open, said a concept for the entire Leederville Hotel site would be developed over the next year.
The rear arena would be closed until the redevelopment was complete.
Mr Antczak said the front bar would be a more food-driven business with premium cocktails and spirits to complement the offering at The Garden, which does not serve spirits.
It would have simple meals, with shared plates to dominate the menu, which would change every week.
"We recognise that the larger drinking, tavern atmosphere is a bit of a dying brand and that the youth market has changed and become a lot more savvy," Mr Antczak said.
"It has been on the cards for a number of years. We are recognising that people are now going out to eat and drink rather than just to drink."
Mr Antczak said the frontage of the 117-year-old two-storey building would remain almost unchanged but that the inside would be totally redeveloped.
He said they were researching the hotel's history so elements from its past could possibly be included in the new design.
Vincent mayor John Carey said the City welcomed a renewal of the hotel building.