Recommendation 20240701-011: Creative District and Development Bonus Program — original pdf

Recommendation

MUSIC COMMISSION RECOMMENDATION 20240701-11 Date: Subject: July 1, 2024 Creative Combining District and Development Bonus Program for live music venues; Subdistrict and cultural district overlay for Red River Cultural District Seconded By: Scott Strickland Motioned By: Nagavalli Medicharla Recommendation Music Commission recommends creating a Creative Combining District and Development Bonus Program to enhance the development and preservation of live music venues and creative sector businesses, and to initiate a specific Red River Cultural District subdistrict and cultural district overlay Description of Recommendation to Council Rationale: Music in Austin is fundamental to the city's identity, enhancing its quality of life and serving as a significant draw for tourism and employers. The Red River Cultural District (RRCD) serves as a center for live music, and the city must ensure that music continues to be an integral part of RRCD as the district evolves in future. With thousands of hotel rooms in the vicinity, proximity to these live music venues enhances the attractiveness of the area for visitors, supporting local businesses and boosting the economy. RRCD is home to several live music venues which nurture local talent. Cultural and music venues provide spaces for people to gather, share experiences, and foster a sense of community. By investing in RRCD, the city can ensure the continuity of its vibrant music scene, attract talent, boost tourism, and enhance the overall quality of life for its residents. Vote: For: 10 Against: Abstain: Absent: 1 Attest: Shelbi Mitchell 1 of 1