Though rumors have also previously suggested he's purchased the now closed Alamo Ritz and the soon to reopen Cap City Comedy, multiple sources, who asked to remain anonymous, told Austonia that the new home to Rogan's latest endeavor is the One World Theatre. Located at 7701 Bee Cave Road, the theater is a convenient 10-minute drive from Rogan's $14.4 million dollar Westlake Hills mansion.

Rogan will run the theatre with fellow comedian Adam Eget, who has been on the Joe Rogan Experience Podcast and made the journey from L.A. to Austin for the gig. The One World Theatre did not respond to numerous calls and messages from Austonia.

The One World Theatre opened its doors in 1999, when current owners Hartt and Nada Stearns decided to bring concerts, dance, theatrical and kid's productions to the new venue in association with an equal partner, the Barton Creek Art Center. The Stearns acquired 100% interest in the property in 2007 and have been running it since.

According to the Travis Central Appraisal District, the property is on its second foreclosure and likely sustained damages due to the winter storm.

We know it's been a long time coming for Rogan to finally buy his first-ever club. Here's what we've observed over the years.

Rogan has been planning to start a club for months, at least

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Shortly after Rogan announced his California exodus, Rogan sat down for an August 2020 podcast with comedian Joey Diaz to talk about fracking and the effects it has had on the environment along the coast and how it was one of the reasons he wanted to leave. In response to his move, Diaz asked Rogan if he plans to do a comedy club once he breaks ground.

"Most likely I'm going to do a comedy club (in Austin). It'll be fun for all of us," Rogan said.

He's been keeping company with fellow funnies

The iconoclast has performed dozens of shows around Austin since he's made his move; Rogan frequents venues like Stubb's BBQ and ACL Live at the Moody Theater. Rogan recently appeared in a series of comedy shows alongside fellow comedian Dave Chapelle and has also been seen performing with Ron White, Donnell Rawlings and Michelle Wolfe. Rogan has also been coaxing friends, like Diaz, to follow his path down to Austin.

He was a longtime staple at The Comedy Store in L.A.

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... and now he wants to move the L.A. hub to Austin. Rogan said he first started performing at The Comedy Store, one of the most prominent comedy venues in L.A., in 1994; it was a "mecca" for him and he performed there for 13 years. As the world changes and technology becomes more powerful than ever before, Rogan said he wants to steer people away from making Hollywood their end-all-be-all.

"For sure the best way to be free is not to be connected to the Hollywood machine because the Hollywood machine is all woke now," Rogan said. "It's completely ridiculous and everyone's full of shit. What we need is a machine that we create ourselves."

He's not looking to make money

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With a podcast worth upwards of $100 million dollars—thanks to his high-profile licensing deal with Spotify—Rogan's pockets are lined. On yet another podcast in September, this time with White, Rogan said he was on the lookout for a ranch and a comedy club in Austin. Rogan said he wants to help local comics get on the up-and-up "when" he starts a club in Austin.

"The idea is if we open a club—when we open up a club I should say—is to have these local guys come in, pump them up, let people know there's a real scene here and help them," Rogan said. "Not just Austin comics but from everywhere, bring them into this place and have this be a hub."