Despite the trend of obstructionist politics, private parties interested in progress will collaborate and compromise to reach an acceptable solution. Seeking a resolution to Outdoor Music Venue compatibility in downtown Austin’s Rainey Street District is a good example.
Rainey Street is dominantly residential. Ironically, the incredible residential density is a result of permissive CBD zoning. CBD is a sword of a zoning definition that can cut both ways. When the economy tanked, so did the opportunity for Rainey Street bungalow owners holding out for big $$$ to cash out, and they were left holding an expensive property tax bill.
When you have CBD zoning on a small mid-block lot what do you do until you can be assembled into a larger development (like this)? [Read more…] about Rainey Street Stakeholders Hug It Out Over OMV Permits