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Grand Old Day in St. Paul has been canceled for this year, its organizers announced Tuesday. 

The annual celebration has been going for 45 years and regularly draws a quarter million people to Grand Avenue over the first weekend in June. 

Allison Penner-Hurst, interim president of the festival's organizer, the Grand Avenue Business Association, said in a statement 

"The costs this year to produce an event of this magnitude were just not at the pace that matched the dollars that were coming in," said Penner-Hurst.

Grand Old Day is the second summer tradition in St. Paul to falter in recent years. The city 

 for the Fourth of July in 2018 — also citing costs.

Penner-Hurst said they hope to bring the festival back in 2020.

"We are just trying to take a step back this year for Grand Old Day. We want to kind of give it a fresh new look and decide kind of what the vision is going forward," she said.

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Grand Old Day is the second summer tradition in St. Paul to falter in recent years. The organizer of the festival said projected revenue wasn't keeping pace with the costs of the event, traditionally held the first weekend in June.

Canceled! Calling it a Grand Old Day in St. Paul

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