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Real Estate Forward

The Moody Center Arena

Austin, Texas

15,000 seat and 530,000 sq. ft. multipurpose arena



Opened April 2022


Winstead represented the University of Texas at Austin in a public-private partnership with the Oak View Group and Live Nation Entertainment for the financing, construction, and operation of the Moody Center Arena. This new 15,000-seat, multipurpose arena replaces the 45-year-old Frank Erwin Center. It is the home of the University of Texas at Austin’s men’s and women’s basketball teams and also hosts concerts and other events. The venue opened in April 2022 and was recognized as the highest-grossing venue of its size in 2022 by Billboard.

The arena includes:

  • 530,000 square feet
  • 15,000 seats
  • 44 suites
  • 2,000 club seats
  • 57 loge boxes

For this project, Winstead’s team negotiated an agreement for Oak View Group to deliver the arena to the University of Texas at Austin at no cost. Per the terms of the agreement, the university has scheduling priority for both home basketball games and other University events.