Live Nation is opening a new 1,000-capacity music venue called Hi-Fi Dallas in Texas’ Design District. The 25,000-square-feet club will be located just south of the NBA’s Dallas Mavericks’ practice facility on land purchased by Mavericks owner Mark Cuban, Billboard has confirmed.
According to the Dallas Morning News who first reported the news, Cuban approached Live Nation president and CEO Michael Rapino about the idea for the club, which is slated to open in May. Under the deal, Live Nation signed a longterm lease for the space owned by Cuban.
The former warehouse and furniture store will feature its main music hall, an outdoor patio and a VIP area called the Echo Lounge.
Hi-Fi will add to Live Nation’s portfolio in Dallas which already includes the House of Blues in Victory Park that features a 1,650-cap main hall as well as a 400-cap room called the Cambridge Room. The industry giant also controls the Toyota Music Factory in Irving that can hold anywhere between 2,500 to 8,000 fans.
The new 1,000-capacity club will help Live Nation work with smaller bands on their way up and compete with Dallas’ jam-packed music scene that includes the Bomb Factory, The Granada Theater and more.
Live Nation is expected to announce Hi-Fi Dallas’ first slate of shows in early February.