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Five years after it closed, the once-beloved University Cyclery on North Lamar is looking to become something new.


For 39 years, the store sold bikes and apparel and also offered repairs and rentals. Now, property records show the current owner as “Peddle Faster LLC.” Though it’s unclear what plans might be lined up for the site, some have shared thoughts on what the space could become, and say it could work as a restaurant.

While Austin has a "Pedal Faster LLC" off Riverside, "Peddle Faster LLC" appears to be a separate entity. The company was incorporated in June last year, and shortly after the deed for the property was acquired in early October.

When University Cyclery closed, the website posted a closing message saying, “Our building was sold and we have decided to move on. We’re sad but excited about the next chapter of our lives.”

At the time and in the years following, the community expressed disappointment over the loss of an Austin staple. The move to close predated the shuttering of multiple city favorite businesses throughout the pandemic like Vulcan Video, Shady Grove and Threadgill’s.

In 1996, the Austin Business Journal profiled the store, which was the former site of the Wheatsville Co-op.

John and Joyce Fox formerly owned and operated the store, getting an idea for it on a visit to Austin from Chicago.

"We noticed that there were only two Schwinn stores in town," Joyce told the ABJ. "Schwinn is based in Chicago, and when we got back, we called Schwinn about opening another shop in Austin. They told us the two Austin stores were for sale. We ended up buying them both."

University Cyclery started going by that name in 2001 when the Schwinn Bicycle Company was sold. That same time, the store started offering bicycle brands like Giant, Yeti and Jamis.

The Fox family purchased University Schwinn Cyclery in 1977 with locations at 29th & Lamar and Anderson Lane. Three other locations opened and eventually closed around Austin over the years.

In 2004, the original owners retired and Jim Fox took over the business after working as the store's manager for many years.

Popular

Tito's releases (not so?) ugly sweater line for the holidays, profits to charity

Tito's Handmade Vodka

Show your love for Tito's and for the community this year with a wide selection of not that ugly, uglyish, ugly, uglier, and ugliest holiday sweaters.

There's lots choose from, and plenty of accessories like scarves and socks, plus gear for your dog, too.

All of the items can be purchased online or at the Love, Tito’s Retail Store in Austin, TX. 100% of all net proceeds from online or in-store purchases go to one of the nonprofits we’ve teamed up with.

Click here to see the entire collection in the Tito's store.

Mac and Cheese Fest and Free Art Exhibit
Waterloo Greenway, Good Vibrations Installation


🗓 All weekend

🎨 Creek Show Art Exhibit

Check out this highly anticipated art exhibition with illuminated art along Waller Creek. Tickets are free and the event includes food vendors, dazzling lights, live music, and hands-on activities

All weekend 6 p.m - 10 p.m | 📍Waterloo Park

✨ Mozart's Light Show

This iconic holiday tradition lights up for the first time this holiday season starting this weekend! Reserve your spot for an enchanting light and sound performance, delicious hot cocoa, sweet treats, and some overall fun with your friends or family. The show runs till January 6th.

6 p.m and 9 p.m | 📍Mozart's Coffee Roasters - 3825 Lake Austin Blvd, Austin, TX 78703

🗓 Saturday

🥊 Kickboxing in the Park

This fitness event is free and open to the public. Get your morning started right with a "Fitness in the park" class for kickboxing! The class will be led by certified instructors and is a great way to get a cardio workout in while also honing your self-defense skills.

10 a.m - 11 a.m | 📍 Metz Park

🛍 The Front Market

Support local LBGTQ+ and female artists at this outdoor market with over 150 vendors. Get your holiday shopping out of the way at this event, with vendors for food trucks, handmade goods, raffles, hands on workshops and activities, and more.

11 a.m - 5 p.m | 📍Ani's Day and Night - 7107 E Riverside Drive, Austin, TX 78741

🗓 Sunday

🧀 Mac and Cheese Fest

Did someone say cheese?! If you're like me and always willing to get your hands on a bowl of mac and cheese, then this event is for you. Check out the Mac and Cheese festival happening this weekend to decide which vendor has. the best mac and cheese for yourself, and enjoy the bar with creative cocktails while you're at it. Tickets start at $45.

11 a.m - 3 p.m | 📍Lantana Place - 7415 Southwest Parkway