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Discover News By District
Waller Creek development could put Red River music district in jeopardy
Monday, May 20, 2013 by Ramon Ramirez
The Red River District is a creative hub within
Partial funding of the project – from design to paying all the contractors – is coming from future gains in taxes that stem from increased real estate prices. Property values are expected to be at an all-time high, and few of the club owners double as landlords.
Many see the writing on the wall, yet Graham Williams is optimistic about business after Waller.
Williams is the founder of Transmission Events, an Austin-based company that books festivals like the annual Fun Fun Fun Fest at
“I don’t see it affecting things as much as most do. People get scared and assume the worst,” Williams wrote via email. “Anything could happen, sure, but all those landlords are re-signing long leases with all the bar owners, so it doesn’t sound like there is any development anytime soon.”
Landlords for The Mohawk, Red 7 and Club de Ville, could not be reached for comment.
Beerland’s owner, Randall Stockton says he grew nervous when his landlord began to relegate him to year-to-year leases. As a result, he’s been looking to move out of his
“I’ve never candy-coated the writing on the wall,”
But how will the remaining Red River’s venues fit into the Waller Creek Tunnel and its projected 5,500 feet in length from
“The assumption that they won’t be there is pure speculation,” Cole said.
Indeed some venues are already planning for a future on
“Stubbs’s is likely developing more, Mohawk added more decks,” said Williams.
The timeline is tough to pin down, but the next decade will be fraught with change. During the process, Cole emphasizes that “there’s room for a lot of players” at the development level.
But
The question for
“There is no timetable,” Cole said, “You are never finished with Central Park, you are never finished with Millennium Park, you are never finished with the Riverwalk.”
And live music does not have to mean dive bars. Cole points to the successful, frequent and free outdoor programming
As downtown density plans take root, the city may be looking to incorporate potential live music density bonuses. If zones like
But it seems likely that recent history’s path of development will continue. With the exception of South by Southwest,
According to Williams, taking cues from defunct Red River spaces that have been revived on
“That place is where venues go to die, in my opinion. Beauty ballroom closed in 11 months, Emo’s had to be sold after less than two years due to losses. I can’t imagine Antone’s doing well over there, either. Just because something is ‘east of the highway’ doesn’t mean it’s the same as East 6th or 5th, which have a vibrant business community. By that logic, we should open rooms out in Manor or
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