AUSTIN (KXAN) — The final beam on one of Austin’s most anticipated entertainment venues and future home of Texas Longhorns basketball was placed during a ceremony at 8:30 a.m. Tuesday.
The “topping out” ceremony signifies that the steel frame of the 530,000 square-foot arena is complete. Construction and design team members, along with other stakeholders in the project, gathered to celebrate the project’s milestone.
The Moody Center is set to open in April 2022. Along with holding big-time concerts and entertainment acts, it’ll replace the Frank Erwin Center as the home for the Texas Longhorns men’s and women’s basketball teams.
The $338 million project is a partnership by the Oak View Group, Live Nation Entertainment/C3 Presents, the University of Texas and Austin’s own Matthew McConaughey. It will have 15,000 seats, and the first scheduled concert for the venue is set for April 18 with The Weeknd.