Iconic Fortitude Valley bar The Bowery will close at the end of January, the venue has announced via social media. It will bring to an end a 17-year run for the popular nightspot.

“We would like to sincerely thank all the people that have made this great bar what it is, the staff, the bands, the DJs and all the customers that frequented the bar throughout its long run as one of Australia’s best cocktail bars,” the post read.

The bar will continue to trade as normal until Sunday January 26, when an official farewell party will be held to “send the bar off in style”.

It’s hard to overstate the impact The Bowery had on Brisbane’s drinking scene. It was one of just a handful of more intimate venues that pre-dated Queensland’s small bar licence laws and provided an alternative to the big drinking barns that tended to dominate the city in the early to mid-2000s. It won fans with its mix of approachable service, exceptional cocktails and winsome live music.

Live music will be central to a new concept set to take over the space from mid-February. Broadsheet will have more news on the future of the venue in the coming days.