River Park Music Venue to Begin Construction

Groundbreaking for a 4,000-person capacity music venue in Austin is expected before the end of the month. The big event will be River Park’s first development. River Park is a 109-acre venture at East Riverside Drive and Crossing Place. The Austin Business Journal reports it may yield 10 million square feet of multifamily units, office, retail and entertainment venues.

With its 4,000-person capacity, the venue will be among Austin’s largest. Developed by AEG Presents, it could open as soon as the first quarter of 2027.

River Park’s first phase will include about 1.2 million square feet of development, broken into four parcels. One will have 426 multifamily units; another will have 214 units plus about 10,000 square feet of retail space; a third will have 312 multifamily units with about 10,000 square feet for retail; and a fourth will be home to the entertainment venue with about 7,000 square feet of retail space.