University of Texas ending leases early for local businesses | KVUE

Restaurants along The Drag are having their leases cut short by UT. The move has sparked lines out the door from students supporting the businesses.
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[@siamimam2109]

Im seriously afraid for Austin. The reason why it's so great is because of small businesses, bars, restaurants, culture etc. Unfortunately these days they are getting bullied out of the city by huge companies, apartments, luxury housing etc. 4th Street Bars will be taken over by a skyscraper, probably Rainey St soon.

[@anarush9855]

rainey st was already taken from Hispanic homeowners and residents to be turned into bars and restaurants….this is what happens when you don’t care about residents…if you don’t care about people having housing, why care about some people having a business in their old homes? It’s a cycle, no wonder that street will be replaced by a skyscraper

[@strait512]

UT is all about the money they could care less, y'all should do a story on how much real estate UT has been buying.

[@TdT2211]

I'm sure that would be like shooting themselves in the foot. So....

[@disobedienttiger6240]

Remember this when UT cold calls you for donations and fundraising.

[@vivianhuynh4136]

Yes, but please don't lash out towards the caller. A lot of them are UT students working part-time getting paid minimum wages trying to pay for school.

[@KingImi]

The fact that an educational institution has a real estate office is insane.

[@Hello11World]

naive to think they wouldnt at the scale / budget UT is tbh

[@breepark8635]

I saw the poke bays owners daughters tik tok. it sucks that ut is doing this with all the land and money they already have. I'll make sure to buy from poke bay!!

[@siamimam2109]

ME TOO. im going there this weekend

[@soular_streams]

I go to UT and this is deeply upsetting 😕

[@isaacjones2659]

Guess it’s gonna have to be J2 Fine Dining for me now (sigh).

[@sk.n.9302]

Small busineses are the backbone of our economy. This is awful. Hopefully they can relocate.

[@user-gd4ty2nq3u]

really sad kung fu tea is closing, they have amazing drinks and honestly for an affordable price. it’s so close to everyone!

[@rae9766]

I’ve been to kungfu a lot and this is so sad

[@jordans6387]

“Alright the honey oolong milkteeeeeeeee with oreooooooos”

[@davidgoodnow269]

That's just F*d up.
What's UT's explanation?

[@blackwind6317]

Same explanation that everyone is facing. People who don't own a business such your everyday working person getting out bid and price out homes and rental properties. Literally Texans leaving Austin and surrounding areas to find affordable places.

[@josephkeres4604]

They don’t need to give an explanation. Hook em’.

[@DJ-il2mb]

Rich people getting richer that's all it is it's why you always have a lawyer look over your contract before signing it

[@RedLeo-pf9yo]

Ruthless move !!!

[@baloboys7245]

Aggies will always take care of other Aggies. That's true! Gig'em!

[@stevegarcia9098]

I'm a longhorn fan but I'm not really surprised by this move by UT. Austin has become Texas' San Francisco. I do appreciate aTm's conservative fan base way more than the liberals in Austin. Stephen must be rolling in his grave.

[@nzmanhdee6246]

I love that restaurant

[@lfeb]

Where are the students going to eat?

[@UTClassof]

When I was a student, I ate in dobie mall alot. There weren't many restaurants on the drag in the 90's. Mostly record\cd music stores and clothing's stores. The food places came in the 2000,'s. The Whataburger on the drag was a taco bell in the 80's-90's. I graduated in 1991.

[@josephkeres4604]

@@UTClassof Dobie theater, book store, and pizza. My early 2000’s experience lol

[@siamimam2109]

They did a study and 1/3 student claimed they face food crisis :( Every place around UT is so expensive or dogshit food for cheap :(

[@josebendana]

Texas A&M would never, gigem!

[@abravexstove289]

Common UT L

[@cutenobi]

I bet the lease is expensive on Guadalupe.

[@mutiny_on_the_bounty]

Not anymore

[@siamimam2109]

its being taken over by corprate owned stores. Now they will probably go after the asian restaurants across from POKE Bay

[@josephkeres4604]

Busted out by Richie Aprile

[@Theunsilentmajority]

QUEENSRYCHE - REVOLUTION CALLING

[@HoustonNewswomen]

1:31 True

[@delvaldog2869]

It’s not personal Sonny, it’s strictly business

[@josephkeres4604]

They might like a story on that. They just might.

[@delvaldog2869]

@@josephkeres4604 😎🤫🍝

[@josephkeres4604]

@@delvaldog2869 lol

[@jg2408]

They wanted a big city... The people of Austin have been voting for growth for the last 2 decades. Well it's here... enjoy. Big city big problems.