Iconic Austin Record Store Waterloo Records Announces New Location and Ownership After 42 Years

Iconic Austin Record Store Waterloo Records Announces New Location and Ownership After 42 Years

By Marcus Bennett

January 16, 2025 at 12:08 AM

After 42 years at its current location, Austin's iconic Waterloo Records & Video announced its relocation to 1105 North Lamar and a change in ownership. The move, scheduled for Spring, will expand the store's footprint while maintaining its cultural significance in Austin's music scene.

Customers browsing at Waterloo Records Austin

Customers browsing at Waterloo Records Austin

Long-time owner John Kunz is transitioning leadership to Caren Kelleher, founder of Gold Rush Vinyl, and Trey Watson, CEO of Armadillo Records. The new location offers 50% more space, improved parking, and enhanced capabilities for hosting live performances and events.

Key improvements include:

  • Larger stage for in-store performances
  • Better accessibility for artists performing at nearby venues
  • Increased floor space (from 6,400 sq. ft.)
  • Enhanced parking facilities
  • Convenient downtown proximity

The store's history dates back to April 1, 1982, when it first opened on South Lamar under the co-ownership of John Kunz and founder Louis Karp. Kunz became sole owner in 1987 when Karp sold his 50% share to pursue other ventures. Throughout its four decades, Waterloo Records has remained a cornerstone of Austin's music community, winning the Austin Chronicle's "Best Record Store" award in its very first year.

The new ownership team brings significant industry experience: Kelleher's Gold Rush Vinyl serves the $1 billion vinyl record demand, while Watson leads both Armadillo Records and Globe Entertainment & Media Corp, managing vast music and media archives.

Kunz will remain involved as a minority partner, ensuring the store's traditions and community focus continue under its new leadership. All current staff members will be retained and offered opportunities for store ownership.

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