Chad Swiatecki: Red River district pushes city to commit $35M to purchase venue properties

Leaders from the cluster of live music venues along Red River Street have asked the city to dedicate $35 million to purchase venue properties in the area, as part of a larger menu of programs and spending to preserve those businesses in the face of prolonged closures due to the Covid-19 pandemic.

On Tuesday the Red River Cultural District delivered a six-page policy proposal to members of City Council asking for music venues to be considered for possible immediate relief using money from the federal Coronavirus Aid, Relief and Economic Security (CARES) Act. Other recommendations included streamlined permitting for music venues, completion of long-planned streetscape improvements and improved services for the large homeless population located near the district.

The proposal comes as city staffers are assembling an initial framework for how best to use the $170.8 million the city has available from the CARES Act, which directs recipient governments to use the funds for a combination of emergency response, public health and economic recovery needs.

Read the post on the Austin Monitor