In a small saucepan, combine the water and sugar. Simmer over low heat until the sugar has dissolved. Remove from the heat and let cool. Once cooled, add the peppermint extract and 1-2 drops of green food coloring to finish making your homemade crème de menthe.
In a large pitcher add the crème de menthe syrup, thawed lemonade concentrate, lime juice, club soda and ice. Mix until well combined. Pour into individual glasses.
Garnish with fresh mint sprigs, lemon slices, and maraschino cherries.
