Sentence:  One of the things I love about my bar is its ability to <WSD>chameleonize</WSD> from a rock-and-roll dive bar to a wine geek tasting post to an annoyingly elitist art world clubhouse to a fashion model/coke whore hang to a gay bar to a bridge-and-tunnel frat party, sometimes incorporating three such incarnations in a night. 
Meaning of the word marked with <WSD> tags:  To change colour or turn various colours; to be transformed (to suit changing circumstances).