Stream Realty Companions is eyeing the potential for turning a minimum of six of its properties on East Sixth Road into music venues, together with a plan to transform the previous Buffalo Billiards house right into a daytime meals corridor with music within the evenings.
The partial reveals got here Friday at a particular assembly of the Music Fee the place Caitlyn Ryan, vp of the Dallas-based firm, mentioned the way forward for the leisure district and among the plans for the 30-plus properties it has acquired.
Whereas reviewing Stream’s holdings and its push to extend constructing heights and conduct choose demolition work on some websites to create workplace house and resort makes use of, Ryan supplied some particulars about what’s in retailer for her often-stated purpose of creating reside music a major factor of the world’s revitalization. The Buffalo Billiards house at 201 E. Sixth could also be renamed the Missouri Home as a nod to its unique use as a boarding home within the late 1800s.
There are ongoing talks with the potential operator of three restaurant/music venue areas in and across the former Simple Tiger location, in addition to a excessive chance of a music venue opening within the former Soiled Canine house. On the five hundred block of East Sixth, Ryan mentioned there’s a very good probability of a below-ground music house opening, and the longtime Austin resident mentioned, “My purpose is finally to deliver Emo’s, in any means, form or type, again to this space as a result of that is the place they began.”
Ryan mentioned the declining presence of music venues within the district – due partly to rising rents – was one of many primary causes she and different Stream companions started investigating alternatives on Sixth Road within the years earlier than the Covid-19 pandemic.
“We thought, why is Sixth Road remaining as it’s and why aren’t we seeing extra reside music there? Within the final 10 years we’ve misplaced an enormous a part of the music group there,” she mentioned. “We felt like it will break our coronary heart if we noticed any individual… are available in right here and switch these constructions into on a regular basis retail like Sephora or the rest that wasn’t an iconic piece of Austin’s historical past.”
Earlier this month Metropolis Council started the method of amending town’s constructing code to extend the constructing heights on some sections of East Sixth Road owned by Stream. The corporate mentioned these heights are the one technique to generate the income wanted to reconstruct the properties whereas selling regionally targeted hospitality companies reminiscent of eating places and reside music venues.
Anne-Charlotte Patterson, chair of the Music Fee, mentioned she and different members will need to see Stream’s plans for selling range and monetary stability for the inventive companies the corporate needs to recruit into the world, in addition to cooperation with group organizations targeted on music and variety.
“It’s a very bold venture in some ways, particularly as a result of it’s so central to Austin and to our id. You guys are taking over so much, not simply when it comes to actual property but in addition when it comes to the cultural lifetime of Austin and among the issues we’re battling as a metropolis proper now,” she mentioned. “A type of being that house downtown is absolutely costly and our music venues there actually wrestle.”
Commissioner Scott Strickland echoed the necessity for range among the many homeowners and operators shifting into new venue areas within the district that has lengthy been dominated by single-serve shot bars. He mentioned a change from the rock-centric programming of many close by golf equipment within the Purple River Cultural District could be welcome.
“In Purple River you don’t see a really various group of musicians … principally youngsters of their 20s and a few of their 30s and it’s simply a variety of rock music,” he mentioned. “It’s probably not giving technique to a variety of completely different cultures and various kinds of music which might be rather more prevalent in mainstream tradition.”
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Posted In: Planning, District 9
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