Moody Center
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Full name | Moody Center |
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Address | 2001 Robert Dedman Drive, Austin, TX 78712 |
Location | Austin, Texas |
Coordinates | 30°16′51.5″N 97°43′49.7″W / 30.280972°N 97.730472°W |
Owner | University of Texas at Austin |
Operator | Oak View Group and University of Texas at Austin |
Capacity | 10,000 (basketball) 15,000 (total)[1] |
Construction | |
Broke ground | December 3, 2019 |
Opened | April 18, 2022 (planned) |
Construction cost | $338 million (original) / $388 million (current estimate) |
Architect | Gensler |
Tenants | |
Texas Longhorns (Men's & Women's Basketball) (2022–) | |
Website | |
http://www.moodycenteratx.com |
The Moody Center is an upcoming multi-purpose arena currently under construction on the campus of the University of Texas at Austin in Austin, Texas. The arena, slated to open in April 2022[2] as the replacement to the Frank Erwin Center, is being built on a former parking lot located immediately south of Mike A. Myers Soccer Stadium.[3] The arena will seat 10,000 for most basketball games and expand to 15,000 seats for large basketball games and other events.
History[]
In 2018, it was announced that Oak View Group and the University of Texas had agreed to form an innovative public-private partnership, to build a new $388 million arena. The arena will replace the Frank Erwin Center as the home for the Texas Longhorns basketball programs, and will also function as a world-class events center for the city of Austin.[4][5] The new arena will be named the Moody Center following the Moody Foundation's grant of $130 million to the university. Oak View Group is funding the construction, and will manage the building at its cost in exchange for the right to most of the income from non-UT events, such as concerts and shows, for at least the first 35 years after opening.[6] UT, however, owns the land under the arena and will be the owner of the building. Under the terms of the agreement, the university will have exclusive control of the arena for 60 days each year to hold men's and women's basketball games, graduations, and other events.[7] Oak View Group, along with partners Live Nation and C3 Presents, will have the right to hold events on the other days.[8]
Construction now underway, the groundbreaking ceremony took place just south of Mike A. Myers Soccer Stadium on December 3, 2019.[9] The arena is scheduled to open on April 18, 2022 with a concert featuring The Weeknd.[10]
Matthew McConaughey[]
Actor and University of Texas alumnus/professor Matthew McConaughey is a partner in the arena project, and will serve as the venue's "Minister of Culture", a likely marketing-related role the specific duties of which have not yet been released.
References[]
- ^ "Groundbreaking for Moody Center at the University of Texas Set for Dec 3". Community Impact. 14 November 2019. Retrieved 2019-12-12.
- ^ "UT Austin's anticipated new Moody Center locks in superstar act for grand opening".
- ^ Editors (2019-11-11). "New University of Texas Arena to be Named Moody Center". Arena Digest. Retrieved 2019-11-11.
{{cite web}}
:|last=
has generic name (help) - ^ Daniel, Cody (December 20, 2018). "The University of Texas, Oak View Group agree to build 'world-class' on-campus arena". Burnt Orange Nation. Retrieved February 25, 2019.
- ^ Maas, Jimmy (December 20, 2018). "UT Regents Approve Arena Proposal To Replace Frank Erwin Center". KUT. Retrieved July 9, 2019.
- ^ "Get it in writing: Texas gets 60 protected dates, all gameday revenue in Moody Center contract". Austin American Statesman. 2020-06-26. Retrieved 2020-08-27.
- ^ "Get it in writing: Texas gets 60 protected dates, all gameday revenue in Moody Center contract". Austin American Statesman. 2020-06-26. Retrieved 2020-08-27.
- ^ "Get it in writing: Texas gets 60 protected dates, all gameday revenue in Moody Center contract". Austin American Statesman. 2020-06-26. Retrieved 2020-08-27.
- ^ Editors (2019-11-11). "New University of Texas Arena to be Named Moody Center". Arena Digest. Retrieved 2019-11-11.
{{cite web}}
:|last=
has generic name (help) - ^ "UT Austin's anticipated new Moody Center locks in superstar act for grand opening".
- Indoor arenas under construction in the United States
- Texas Longhorns basketball