Moody Foundation of Galveston Grants KLRU $2.5 Million

Austin 360 is reporting that The Moody Foundation of Galveston has granted KLRU $2.5 million to go towards the new Austin City Limits studios build on 2nd Street downtown. Scheduled for completion in 2011, the new venue's capacity will reach 2,700 and will be called The Moody Theater. KLRU is seeking $6.5 million to complete the venue using entirely HD equipment.

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By Paige Maguire in Arts & Entertainment on October 22, 2009 12:39 PM 0 Comments

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kingkirbythegreatoftexas

Financing never slowed or stopped construction on the project. In fact, a new bank from Las Vegas is now providing the financing. The story in the Statesman says that whole project is actually ahead of schedule. It's supposed to open in December 2010 I believe.

kenneth1

2011? I thought ACL was planning on moving into the new venue in a year, fall 2010. Terry Lacona even stated as much during a panel discussion during ACL weekend, saying the next season (spring/summer 2010) will be the last at KLRU studios.

Did the move-in date get pushed back due to financing problems with the W Hotel?