AEG (Anschutz Entertainment Group) is an entertainment and concert giant that is going to move Minneapolis nightlife to the next level with its plans to open a nightclub in the Warehouse District. The new venue is going to be called the Brick and will be right next to the other popular nightclub and main competitor First Avenue. The general manager of First Avenue Nate Kranz was concerned about having such a cash-rich rival in Minneapolis, but remained confident since they have a long-time relationship with Live Nation.
It was rock band Jane’s Addiction that told the public about this. AEG already has a big presence in the city as it manages the Target Center. Tim Lieweke, the CEO of AEG, worked for the Minnesota Timberwolves in the past and the SportsBusiness Journal listed him as one of sports’ most influential people.
The city’s inspector report states that the concert space could hold about 2100 people which would be less than the capacity of nearby Epic of 2400 but much more than First Avenue’s capacity of 1400 people. The new venue was actually occupied by Club 3 Degrees which was then a Christian-focused space.
As of now, AEG has declined to comment about its plans but an announcement is scheduled to be made soon. AEG is based in Los Angeles and has stakes in the Los Angeles Lakers and Sacramento Kings along with investments in venues like the Staples Center and London’s O2 Arena. The Joint at the Hard Rock Casino in Las Vegas is part of the AEG chain and is similar in size to the Brick.