Farewell MarBar, Hello Panda Bar?

UTB fairygodmother Tali just gchatted us with a most disconcerting City Paper link:

Marathon Grill owner Cary Borish, manager Nick Maldonado and contractor Mike Parsell have converted U-City's MarBar into Panda Bar, a new bar and music venue. Aesthetic changes include the addition of high-backed booths and vintage-style wallpaper. Food- and drink-wise, expect a largely American craft draft lineup and a bar menu with shareable eats like pierogies and Kobe sliders. The first performance for the 3,500-square-foot, 350 capacity space is scheduled for Sat., June 20; R5 Productions will soon start handling the booking.