AMLI is rumored to have signed a lease with an operator for a 3-4 screen movie theater to take the space above Malaga and Z Pizza. We’re told the theater will serve food and drinks (including liquor), and the menu would consist of items from restaurants located in the 2nd Street district. It’s clear from the photo above that the space isn’t very deep, and it’s possible that part of the venue would extend over the sidewalk.
We don’t know who the operator is, but we do know it’s not local favorite Alamo Drafthouse Cinemas. The addition of a destination venue like this, and the wrap-up of the W-Hotel’s construction will be a breath of fresh air for neighboring retail on the 400 block of W 2nd Street.
Downtown Austin’s 2nd Street District retailers have been hit hard with the economic downturn, and the venues on 400 block have struggled to keep up with the foot traffic found just two blocks over where Jos, Estilo, and DWR are located. Many pedestrians end up not walking beyond the W Hotel construction site.
- The Violet Crown art house theater is under construction, opening in December














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so who is the owner of AGORA? and when does it open?
The wheelchair-accessible #fishing pier is featured in the Downtown Austin Blog: http://t.co/4CHzFfet Thanks, Amber!!
RT @downtown_austin: Fishing Pier Coming to Lady Bird Lake in Rainey Street, Downtown Austin http://t.co/JShbC7Os
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RT @downtown_austin: BY THE NUMBERS: Downtown Austin Highrise Sales http://t.co/D8rhUTu7
Specific sales data is reserved for our clients. Any REALTOR, myself included, can assist you outside of the blog.
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I would have MUCH rather seen Royal Blue Spirits open up in that spot. Ahh.....Oil! Hope they do well Downtown.
Economics... I always think the same, and come to the conclusion that the markups must be quite healthy.
New Oil & Vinegar Retail Concept Opening Across from The W in Downtown Austin http://t.co/USypF172