Two popular Lansdowne music venues may close their doors this summer.

Avalon and Axis will be torn down to make way for a larger music venue at 15 Lansdowne St. On June 1, Patrick Lyons, a Boston nightclub figurehead who runs The Lyons Group, which develops real estate, won approval from the Boston Redevelopment Authority (BRA) board of directors to renovate the area.

Tentatively titled the Lansdowne Street Music Hall, Lyons said the 35,000 square foot venue will include a movable stage to accommodate both small and large acts and extra amenities for artists like dressing rooms.

Mimi d’Arbeloff, a Lyons Group media spokesperson, said planning began six months ago and construction for the project will start as early as the end of this summer, noting they need no additional approval. It is expected to be completed within one year and estimated to cost about $14 million.

Lyon’s long-term vision for Lansdowne Street is to transform the nightlife scene into a 24-hour attraction and, along with the new music venue, includes a plan to add five more restaurants to the strip.

“It’s basically been a dream of his for a very long time,” d’Arbeloff said. “And the path began when the Red Sox committed themselves to staying at Fenway Park. During the course of the last couple of years, the city added trees, lighting and widened sidewalks to improve the neighborhood. This [renovation] seemed like the logical next step.”

While Lyon’s ambitions for Lansdowne Street are being lauded by Mayor Thomas Menino and city officials, students are concerned that any drastic changes to the area may affect the college-friendly vibe that has thrived in the neighborhood for years.

Kristen Laux, a sophomore music industry major, said that along with the January decision to ban 19-plus nights from Boston clubs like Avalon and the Roxy, the new renovation plan is another attempt to limit the nightlife choices for college students.

“Students, especially those under-21, will be without some sort of activity at night, forcing kids to stay in their dorms or travel,” Laux said. “It’s the only street in Boston that has that young vibe.”

Other students worry about the future of live music on Lansdowne Street. Avalon and Axis, which accommodate about 2,100 and 1,200 people respectively, typically give stage time to smaller, indie acts and local artists.

“It’s going to be a lot harder for lower level bands to break in,” said Sam Peisner, a middler communication studies and sociology major, who also plays in a band. “It’ll be a lot more corporate.”

Laux agreed and said a small venue like Axis provides “a much more intimate show, and you actually connect with the bands onstage.” She also said the renovations appear to be targeting a much older demographic.

Jessica Shumaker, a media spokesperson for the BRA, said “the goal of ours is to have Lansdowne Street to be active during the daytime, not to change any demographic. We definitely want to keep the nighttime presence.”

D’Arbeloff disagreed with the notion that the area catered to the college-age set in the first place and said the changes will reflect the street’s versatility.

“It will still have a little bit of everything, which is what Lansdowne Street has always been,” she said.