This article is COURTESY of Culture Map. Written by Nicole Raney. Thanks!
Movie-goers, rejoice: A new art house cinema with major film ties will open in Austin in 2017. This week, Austin Film Society provided a first look at the plans for a new twin-screen theater, a collaboration between acclaimed director Richard Linklater and two top design firms.
"Opening a full-time art house theater has always been part of the organization's vision," and is a "dream come true," said Linklater, AFS founder, in a statement.
He is working closely with local heavyweights Designtrait and Michael Hsu Office of Architecture to redesign the space at 6226 Middle Fiskville Rd., formerly known as the Marchesa Hall and Theater.
It officially transformed into the AFS Cinema in March 2016 but will close in October for the overhaul. In early 2017, AFS will debut a new name, programming lineup, and look. The massive makeover includes a new lounge area, full-service bar, marquee sign, updated event hall, and an additional cinema, bringing the total to two screens.
"Designtrait and Hsu are our ideal design partners for this project," said Linklater. "They have elevated the vision with their creativity and depth of experience and shared and delighted in our passion for film, finding ways to express this in the design. Best of all, they are Austinites who want to support AFS in making something great happen for the community."
"Richard has been at every design meeting, thoroughly thinking through the design," said Becky Jeanes of Designtrait. Linklater is putting his personal touch on the space too. Personal additions include vintage movie posters curated by the director and soundtrack album covers from his collection.
AFS has secured $1.5 million in funding for the project; the nonprofit hopes to raise an additional $600,000 this fall.
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Per Moneywise, Grant Cardone says, "I wouldn't touch the real estate markets of either Austin, Texas or Seattle Washington with a 10 foot pole."
‘I wouldn’t touch Austin, Texas or Seattle, Washington with anybody’s money’ : Grant Cardone says these two major US cities are some of 'the worst markets to be in right now' for real estate investors — here's why Story by Bethan Moorcraft • click here for the exact moneywise article prolific real estate investor Grant Cardone has singled out two U.S. property markets he wouldn’t touch with a 10-foot pole: Austin and Seattle. Cardone shared this hot take — and many others — in an interview with Moneywise after he prompted an AI chatbot to answer the question: “What are the 10 best markets for investing in rental real estate in America?” The AI Smith response started with: “The best markets for investing in real estate in America can vary depending on factors such as population growth, job opportunities, rental demand, affordability and potential rental income.” Up until that point, Cardone — who performed the task live on camera — was pretty happy with the response. But
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