Moody Center to Open Early 2022 and Host Entertainment’s Biggest Artists and Top Concert Tours in the Live Music Capital of the World
The University of Texas at Austin, Texas Athletics, Oak View Group, Live Nation, C3 Presents and Matthew McConaughey Partner to Bring First-Class Entertainment to New World-Class VenueThe University of Texas at Austin, one of the world’s leading universities, and Oak View Group (OVG), the global venue development, advisory, and investment company for the sports and live entertainment industries and Live Nation Entertainment, the world’s leading live events company, today announced the official groundbreaking and start of construction on the Moody Center, a new multi-purpose, state-of-the-art privately financed sports and entertainment arena in Austin, the “live music capital of the world.”The new $338 million, 15,000-seat world-class arena replaces the 42-year-old Frank C. Erwin Jr. Center at The University of Texas at Austin campus. In addition to being home to Texas men’s and women’s basketball games, graduations, as well as university, community, high school, and other events for the Austin community, the new venue will be built for music and host the best and biggest names in the music industry on an annual basis, providing a world-class venue for top touring concerts and shows.”The University of Texas is one of the most important and largest universities in the world. Our partnership with President Fenves, Athletic Director Del Conte and the entire university is a new vision and a new standard on a private-public partnership that will create a world-class venue for the Longhorns and for Austin,” said Tim Leiweke, CEO of Oak View Group. “This partnership has brought together one of the most recognized universities and brands, the Longhorns, with the world’s leader in content, Live Nation, and the world’s largest developer of new arenas, OVG, with Matthew McConaughey. Those partners will create one of the greatest arenas in the world and become the heart and soul for the campus and Austin.”Live Nation Entertainment, the world’s leading live entertainment company, will work with C3 Presents to bring top tours and premium live events to the Moody Center.”The Moody Center will be a must-play arena and we look forward to bringing our concerts and tours there as soon as the doors open in 2022,” said Michael Rapino, Chairman and CEO, Live Nation Entertainment.”Being a fourth-generation Austinite, I grew up in the Frank Erwin Center and have hundreds of memories with my family and friends,” said Charles Attal, Partner, C3 Presents. “It is an honor to work on this new world-class event center for the next generation to enjoy.”Matthew McConaughey, University of Texas at Austin professor, Distingui
