Rainey Street's transformation continues amid flood of new development
BY
Marissa Luck
PUBLISHED
March 29, 2018
Austin’s Rainey Street, centered on the eponymous thoroughfare, pictured looking south. ABJ StaffEXCERPT
Siegel is an owner-user of the property — something unique for the bars in the area, said Dale Glover of Rainey Co. Along with bar maven Bridget Dunlap and developer Perry Lorenz, Glover was key play in turning Rainey Street into the entertainment district it is today.
Glover pointed out that any high-rise developer would need two to three contiguous lots. Yet fragmented land ownership could prevent that, many Rainey Street experts noted.
Urban Development Firm Aims to Help Shape Austin's Growth
BY
Shonda Novak
PUBLISHED
February 15, 2015
Dale Glover, left, and Jesse Lunsford on the front porch of the Lustre Pearl building, Feb. 10, 2015. Rodolfo Gonzalez / American-StatesmanEXCERPT
A UT graduate with a degree in urban studies, Glover, 34, became the go-to person for commercial brokerage services on Rainey in recent years. He says he worked “to save the historic backbone and soul of the neighborhood” by steering tenants to the area who have turned its bungalows into the restaurants and bars that are there today.
To date, Lunsford said he and Glover have had a hand in transforming 13 of the 17 lots on Rainey Street from underused properties “into beautiful, accessible spaces where the public can enjoy the authentic, diverse spirit of Austin.” at places including Craft Pride, Banger’s, G’raj Mahal, Blackheart and Javelina. Lunsford purchased and developed four of the properties, and Glover brokered nine deals, representing sellers, landlord and tenants.
“We saw an opportunity to develop there in a way that would make the area accessible to the public while maintaining the original, soulful Austin spirit it once embodied,” Glover said. “People think of Austin as a small town but it is actually a large area with many beautiful areas to be created and enjoyed by people.”