RunTex

txauction.com

Tomorrow, Austin running emporium RunTex will have its assets auctioned off.

It’s the end of the road for the local store, which once counted five locations. After RunTex was evicted from its location at Riverside Drive and South First Street, county tax assessor Bruce Elfant revealed the company owed over $17,000 in back taxes.

twitter.com/RunTex

RunTex is losing its prime store location on Riverside Drive and South First Street. The Austin-American Statesman reports the company is being evicted because they didn’t pay the $20,000/month rent. But there’s also the fact that the location is reportedly set to become a mixed-use development.

As far as criticism of his business decisions go, RunTex owner Paul Carrozza told KUT News he’s learned a “valuable lesson and an expensive lesson around expansion and what it takes to go from one store to five stores.”

Looking forward, Carrozza says RunTex will continue its commitment to fitness and creating a healthier Austin. He says that may mean that retail sales become less of a priority.

Circuit of the Americas

Travis County Commissioners are holding a public hearing this morning over granting a mass gathering permit to the Circuit of Americas and RunTex for a race at the track. But it wouldn’t be a Formula 1 race, or even a race involving vehicles.

RunTex wants to put on a 5k that would allow participants to run on the Circuit of the Americas track. The track course is 3.4-miles long, slightly longer than a 5k.

The event, planned for Saturday, Nov. 3, would also serve as a sort of open house and would allow attendees explore part of the COTA facility.