The Austin Chronicle reports that two Austin clubs specializing in shows by electronic dance music artists have suddenly closed.
According to the Chronicle, the owners of the clubs, Kingdom and Ethics Music Lounge, were “locked out by their new landlord” after the properties housing the clubs were acquired by the Austin-based investment firm, World Class Capital Group.
Ethics owner Vincent Salvaggio told the Chronicle the new owners locked him out of his club for delinquent payment even though he was not aware the property had been sold and he had a new landlord.
“They’re trying to raise the rent on everything, so it’s good for (them) to get people out who are playing lower rent,” he told the Chronicle.
Local EDM artist Todd Burgener, who goes by the DJ name Toddy B., wrote a Facebook post about the club closing on July 14.
“Sad to post this but you will all soon hear/see that Ethics Music Lounge is no more!