"Downtown Austin tiki bar Placeholder is closing this weekend. Its last day will be on Saturday, November 4 at 96 Rainey Street. It’s hosting a final party, dubbed Last Call Luau, from 2 p.m. to 2 a.m. with drinks and a DJ. This is part of the bar ownership team’s plan to demolish the physical building and construct something new, pending whether or not the Historic Landmark Commission allows it. The future plans for the address appear to be a new bar with two-stories called Palace Laundry." - Nadia Chaudhury