Just/Us said it stands in solidarity with the tenants living in the building who will also be displaced.

A restaurant in St. Paul will be closing its doors next month after a developer bought its building and said they'd be hiking its rent by 400 percent.

The announcement was made on the just/us Facebook page, which confirmed it'll be closing its doors at 465 Wabasha St. N. on Apr. 20.

The restaurant only opened last spring, offering "approachable fine dining" with an ever-changing tasting menu, along with an 18 percent service charge (no tipping) that is divided between all of its employees.

But its ending after the development company informed the restaurant it will be remodeling the units above its unit, and "plans to raise our rent nearly five times the current rate."

This is something it couldn't afford given it's already run with a skeleton staff, but the restaurant also said the decision to close it in solidarity with the tenants of the apartments of above who are now likely to be displaced.

Most of them, it says, are on disability, social security, or are struggling with addiction.

"These are our neighbors, we've grown to love & respect these people," just/us said. "Our hearts break for them during this time. Many of them will end up without housing or in shelters.

"Gentrification rears its ugly head again in Downtown St. Paul," it added. "We believe in developing our neighborhoods & communities, we do not believe in the continued displacement of disadvantaged members of our community in the name of inflating riches."