Irving Music Factory hits first high note, Skanska dances to $94M bid

​​​LAS COLINAS – Skanska has signed a $94 million contract with the ARK Group to build the Irving Music Factory in Las Colinas. Skanska will convert the existing 16.8-acre greenfield site into an entertainment destination.

The new project will include an 8,000-seating capacity indoor/outdoor concert hall called the Pavilion operated by Live Nation. 

The venue includes seven buildings offering more than 250,000 sf of entertainment, retail and restaurant space and an eight-screen Alamo Drafthouse Cinema.

There will be a four-story, 100,000-sf office tower sitting atop a six-level, 1,200-space parking garage.

The project also features a 50,000-sf plaza and four outdoors stages. The venue is designed to host music performances, fashion shows, farmers markets and food festivals throughout the year. 

Construction for the venue is expected to commence this month and is slated for completion in June 2017.