I've been here a handful of times and tried enough items to give it a proper review.
This place gets high marks for technique and hype. There's plenty of room for improvement but their core is solid. They make really good coffee and, for the most part, can execute in the kitchen. They seem to have quite the Asian following here as well.
Where they lack is creativity. With "alchemy" in the name, you'd think the opposite. Their coffee is from Pilots downtown, which is a really good coffee. Having a special bean from time to time would be nice. All their menu items are taken directly from popular brunch spots downtown. They can execute it for the most part but they do lack in the details. For one, they're overpriced: all items seem to be 5-10% more expensive than downtown price. Shouldn't it be the opposite here in the suburbs? The food selection is a bit disproportioned: their chicken and waffles comes with 3 drumsticks, no white meat. Compare that to a place like Stockyards or School and you're left disappointed. Also, those places have better chicken and waffles. Their roasted potatoes comes on a lot of dishes is decent in texture and flavour, but is cold when it comes out. My guess is they batch cook it and leave it out.
Lastly, the space is small and tiny. Forget about bringing kids or a group size larger than 2.