Two bars on Rainey Street stand in front of the bulldozer while developers prepare to build another residential tower in the popular Austin neighborhood.
The city of Austin has granted demolition permits for properties that house two bars on Rainey Street – Craft Pride at 61 Rainey Street and Javelina at 69 Rainey Street. Both buildings date from around 1920.
Rainey Ventures owns Craft Pride and Javelina, whose fate is uncertain. A representative from Rainey Ventures could not be reached for comment. For now, the two structures remain in place and the two bars remain open. Craft Pride debuted in 2013 and Javelina in 2011.
The land is being cleared to make way for the 48-story apartment tower of the River Street Residences. The 505,409 square meter project will include 25 penthouse apartments and 384 apartments on the lower floors. Amenities include a swimming pool, rooftop lounge and coffee shop on the ground floor.
The skyscraper will be built on lots that Craft Pride and Javelina currently stand on, as well as vacant lots at 60 East Ave.
The developers are River Street Partners of Austin and High Street Residential, a subsidiary of Trammell Crow of Dallas. The architect is San Antonio-based Lake Flato. When it was proposed last year, River Street Residences was planned as a hotel and residential tower. The hotel component does not appear in plans submitted to the Austin Design Commission on October 26th.
A spokeswoman for commercial real estate services giant CBRE, which owns Trammell Crow, says developers are not ready to comment on when construction of River Street Partners will start and finish.
Earlier this year, CultureMap reported on two more facilities on Rainey Street – Bungalow and Container Bar – that are being demolished to make way for a 53-story hotel and apartment tower. From February the developer of the tower planned to include bungalow (92 Rainey St.) and Container Bar (90 Rainey St.) in the project. Both shops are still open.
Rainey Street, which was once a low key neighborhood and bordered by I-35 and East Cesar Chavez Street, has boomed over the past decade with the opening of several bars in converted homes, as well as the construction of apartments, hotels, and condominium projects.