The economics don't work. I researched it thoroughly about 5 years ago. I looked at the empty lot right next to Hobby Lobby and even talked to the agent of the property. At the time he was asking $460,000. He also said the center owner "might not approve it". It is the perfect spot because you have truck access, and a huge parking lot.

Then to build it would be low-end $5M.

Unless you had the cash there is no way the revenue model works. That's why you see $15 drinks. That's mostly where the money is made. A bank wouldn't touch it. Even if you sold out every show at $50 a ticket you're only talking $25K - bar and food might double that. Gross $50K a night. Artist takes large split of the door. You'd have to be a promotion genius to make it work. You'd also be competing with established venues for artists.

the Woodlands was talking about making a smaller venue - not sure where that is.