When the Culture Can’t Afford the Real Estate

Valhalla has been at 710 Red River since 2010, and now the building has been sold to Gus’s Fried Chicken, leaving the venue with 60 days to figure out what comes next.

And directly across the street, another piece of Red River is on the market.

701–713 Red River, where Elysium and 13th Floor live today, is listed for $4.1 million and, according to the listing, hasn’t been offered for sale in 80 years. There is an extraordinary amount of Austin history packed into that little stretch of buildings, going all the way back to a Red River lined with antique shops, secondhand stores and strange little businesses that could somehow afford to exist right in the middle of town, long before those rooms…

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