Grand Opening of Assembly Hall Marks New Community Hub in East Austin
The City of Austin Economic Development Department celebrates the grand opening of Assembly Hall, a vibrant new event space in Central East Austin. Formerly known as Don Limon Mexican Restaurant and Bakery, Assembly Hall has undergone a remarkable transformation into a versatile venue, thanks to the Family Business Loan Program (FBLP).
The FBLP, a collaborative effort between the City of Austin, the U.S. Department of Housing and Urban Development (HUD), and private lenders, provided crucial support for the renovation. This initiative offers low-interest loans to small businesses like Assembly Hall, fostering expansion, job creation, and economic growth within the community.
“We are thrilled to see Assembly Hall open its doors as a testament to our commitment to revitalizing East Austin and supporting local businesses,” stated Sylnovia Holt-Rabb, Director of the Economic Development Department. “This space will serve as a vital community hub for gatherings, celebrations, and activities, enriching the lives of all Austinites.”
Key highlights of the project include:
- Total Funding: $1,521,000 from the City of Austin
- Loan Provider: Frontier Bank
- Use of Funds: Equipment and working capital
- Jobs Created: 49 new positions
Managed by the team behind Fair Market, a well-established event venue in Central Austin, Assembly Hall promises to continue building strong community ties. With a catering kitchen, state-of-the-art audio-visual facilities, and strategic location near the East Austin Hotel, Assembly Hall is poised to host a diverse array of events, further boosting the local economy.
“We’re excited to expand our community engagement through Assembly Hall,” shared Assembly Hall Management. “Building on our success at Fair Market, this venue will offer another dynamic space for Austinites to gather and celebrate.”
The opening of Assembly Hall not only breathes new life into a previously vacant property but also enhances local business capabilities and contributes to the economic vibrancy of East Austin. This initiative underscores Austin’s dedication to fostering inclusive growth and enhancing residents’ quality of life.
For more information about the Family Business Loan Program or the Economic Development Department’s Small Business Division, please visit the Family Business Loan Program website.
