Live Nation Entertainment will open or break ground on 18 new music venues in the United States over the next 18 months.
The expansion, announced Tuesday, aims to bring music to smaller markets that may not have a venue nearby. This includes a mix of intimate clubs, theaters, and large-scale outdoor amphitheaters in cities around the nation.
In a news release, the entertainment giant revealed that this investment will total $1 billion.
“According to Oxford Economics, this capital investment will spur $2.9 billion in total economic impact, including spending on engineering, development, and construction, along with $1.4 billion in annual economic impact for local communities once these venues begin welcoming fans,” Live Nation said in the release.
“Every fan deserves access to unforgettable live music – without having to drive hours to a major city. Live Nation’s commitment to expanding into smaller, underserved music markets means fans in vibrant places like Birmingham, AL, Virginia Beach, VA or Allentown, PA can now experience world-class events closer to home,” the release continued.
New Live Nation venues will be coming to the following cities:
- Allentown, PA
- Atlanta, GA
- Birmingham, AL
- Denver, CO
- Indianapolis, IN
- Memphis, TN
- Milwaukee, WI
- Nashville, TN
- Orlando, FL
- Portland, ME
- Portland, OR
- Pittsburgh, PA
- Raleigh, NC
- Richmond, VA
- Riverside, MO
- Seattle, WA
- Shakopee, MN
- Virginia Beach, VA
Live Nation's portfolio already includes more than 400 venues worldwide, 150 of which are in the US.
