Based on the animated pictures I saw what I really liked about it was its not big and separated like the erwin center. Its a big arena but it gives you the Gregory gymnasium feel with the crowd being closer and everyone together
Can someone explain to me how the $130M Moody gift plays in with the "free" arena that is supposed to be all paid for by C3? World-Class UT Basketball Arena Will Host Longhorns, Benefit Austin Community - UT News "The $338 million venue will be constructed on land fully owned by UT without using any university or public money."
They sure must be proud of their name. The basketball arena will joint Moody Coliseum and Moody Library at SMU, and I believe some building at Rice. I think there are other Moody institutions around the state, also, but they are not coming to mind.
The Moody Foundation is loaded. About $2B loaded. Today's DMNews discusses a new $100 million commitment to SMU for a new part of its graduate programs. The Foundation was funded by great grandpa whose money is big in insurance. One of the grandsons is a grad of UTAustin and one of the granddaughters is a SMU grad and on several leadership boards there. It mentions past contributions and most are academic but with $20 million for Moody Coloseum SMU basketball upgrade in 2011. Also the article mentions the $130 million for our new arena. The Moody Foundation is headquartered in Galveston but has a Dallas office as well. Not sure what else. They have given more than $1.5 B to colleges over the recent past. They are ALL-IN on education.
