Commercial Projects by Market Sector
The 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, opened in 2022 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 is built for live events and hosts the best and biggest names in the music industry on an annual basis, providing a world-class venue for top touring concerts and shows.
