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Nearby Rain, which is not part of the project, would stay open during construction, Ott said.Ĭhair Terri Myers said the commissioners were concerned about the city’s continuing loss of historic businesses amid high-end development. Existing tenants would stay put through South by Southwest next spring, he said.

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Ott said that the developers plan to start construction in May of next year, with a target opening date of late 2025. There are not plans for Coconut Club and Neon Grotto to return as tenants. Ott said at the committee meeting that the reimagined project could house a chef-driven restaurant concept in that space he told the Statesman that he hopes it would be 'locally driven.'

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