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