A bar license won't hamstring the four-story bar proposed for a high-rise in the Rainey Street District. The Austin Planning Commission has approved a conditional-use permit for a four-story cocktail bar at 80 Rainey St. A 49-story building with the same name is in the works for the site. 

The cocktail lounge license obtained for 80 Rainey will apply to a total 22,985 square feet in the basement and on the first, second, and 12th floors of the building.

Austin-based Lincoln Ventures is set to develop the mixed-use which also bring restaurants, and 644 residential rental units to the site. The building will encompass properties between 78 and 84 Rainey Street. Those lots are currently home to two of the historic district’s vintage houses that were converted to small businesses (including Reina Bar) and a food-truck court.

The project's first two floors will feature 5,000 square feet of retail with several food and beverage operations, including a 2,200-square-foot space that will serve coffee during the day and cocktails at night. In a first for the neighborhood, the public will be able to access the building’s 11th-floor pool deck and bar via an elevator inside a ground-floor retail space.

The property will also have 350 vehicle parking spaces and 200 spaces for bicycles.

The conditional-use permit is aligned with the Land and Development Code, allowing the sale of alcohol in the Central Business District.