"Austin dive bar and music venue Hole in the Wall is going to stay open for at least 20 years, as reported by Austin Monitor. The bar was able to sign a 20-year lease thanks to money secured from the city’s Iconic Venue Fund, which launched in 2020 as part of overall COVID-19 relief efforts in 2020. The publication reports that the lease includes an upfront 10-year lease with two five-year extensions worked into the deal by real estate company Weitzman Group. Hole in the Wall owner Will Tanner told Austin Monitor if they didn’t get this help, the bar would’ve closed next spring. Hole in the Wall opened in 1974." - Nadia Chaudhury
