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Commercial Projects by Market Sector

Moody Center

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, will open 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 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.

Location Austin, TX
Size 10,000 seats basketball
Construction Costs: $338,000,000
Completion 2022
Contractor AECOM Hunt
Architect Gensler