A longtime Mexican restaurant in Deep Ellum is closing: Maracas Cocina Mexicana, which has been in business at 2914 Main St. in one form or another since 1992, will close this weekend, to be replaced with another concept whose identity is still to be (officially) announced.

The restaurant is going out with a goodbye party on November 25, at 5 pm, with a DJ and its signature cheap drinks.

They've already started clearing out equipment and this will be their final weekend. A staffer speaking for the restaurant said that current owner, who asked not to be named but also owns a number of Mexican sandwich shops around DFW, is doing a rebranding.

"It's re-opening as a breastaurant, and the menu will be more focused on Mexican seafood," the staffer said.

The working title for the new concept is La Toxica Mariscos Y Micheladas.

Maracas' long history began in 1992 when it was was founded as Monica's Aca Y Alla, named for founder and veteran restaurateur Monica Greene, who opened it on what was then the eastern, rather sleepy edge of Deep Ellum. (Actually, it was originally Eduardo's Aca Y Alla, founded prior to Monica's transgender transformation in 1993.)

By 2012, Greene became restless after 20 years with what she perceived as sluggish development in Deep Ellum — a sad irony since the neighborhood started to blow up just a couple of years later.

She handed over the reins to managers Jose Sanchez and Angel Borjas, who kept much of what it had been — cheap and affordable Tex-Mex, a laid-back party atmosphere — and rebranded it as Maracas. The current owner came on board in 2014.

At 30 years, the restaurant is easily one of the longest running in Deep Ellum. When it opened, restaurants were somewhat of a minority in a neighborhood dominated by live music clubs. Now restaurants are the majority, and clubs have become the minority instead.

Some of Maracas' employees have worked there for decades, and are reportedly being given the option to work at the owner's other establishments.

The Friday night party will be $15 at the door, which gets you appetizers. Otherwise, patrons can order off the menu. House margaritas will be $4.50 and beers will be $5.

The restaurant will be be open as Maracas for the remainder of the weekend, including brunch: from 11 am-11 pm Saturday and 11 am-9 pm on Sunday.

"It's been a watering hole for many of us for so many years!" says Kendell Liptrap, a regular.