Meet the Moody Center

The University of Texas’ new downtown basketball arena will have a familiar name when it is completed in 2022. Thanks to a $130 million donation from the Galveston-based Moody Foundation, the new sports arena and entertainment venue will be known as the Moody Center. The replacement for the 42-year-old Frank Erwin Center will be built on university-owned land located just south of the Mike A. Myers soccer stadium, with groundbreaking set for Dec. 3. The donation, along with a partnership from the California-based Oak View Group, will give the school a new $338 million state-of-the-art arena with capacity of up to 15,000 fans at no cost to the school. The university will have up to 60 dates per year to use for men’s and woman’s basketball games, with the rest of the calendar available for concerts and other touring events.