Quote:
Originally Posted by AusTex
I am glad that Bob's is remaining. Austin is a the point of destroying The Warehouse District as a night life area if we loose any more low rise buildings. The cost to rent and the "feel" of a space in a new high rise keeps out most of our locally grown establishments. Certainly the ambiance of the district needs to stay in the low rise / human scale, zone. All tall buildings will kill the night life and the district as we know it. It may have tipped already.
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Then the tax man comes knocking and wants you to pay 2x, 3x, 4x more in taxes based on mythical, arbitrary unrealized value appreciation of your property (or the landlord passes that on to the tenant's lease). This is how we get $6 coffees, $9 beers, and $17 cheeseburger & fries. Local joints get pushed out, replaced with boring, sterile corporate chains that can absorb and spread costs around.
The Warehouse District type places, and also Rainey bungalows, will inevitably get re-created in/move to East Austin. ...and the cycle repeats