Austin FC's on-schedule 2021 debut season shines as a bright spot for optimistic fans amid a pandemic
Jeremiah Bentley is planning to purchase season tickets for Austin FC, the soccer team that will be the city's first major league sports franchise, despite the uncertainty that comes with a pandemic.
Bentley is a member of Austin Anthem, the team's official supporters group, whose members have access to a designated section in McKalla Place, the $260 million stadium under construction in North Austin.
The stadium went vertical in early February and work has continued, thanks to Texas Gov. Greg Abbott's March 31 executive order deeming construction an essential service. It is expected to open early next year, ahead of Austin FC's inaugural season, which is still expected to begin in the spring.
McKalla Place, the $240 million stadium under construction in North Austin(Austonia staff)
"I've got my supporters-section deposit in, and I'm planning on buying three [sets of tickets], for me and my two sons," Bentley said.
Amid the havoc wreaked by the pandemic, some Austinites have found a bright spot in Austin FC. A poll of Austonia readers found nearly 70% believe the team's debut will continue as planned, and meanwhile future fans are making pilgrimages to the McKalla work site to see its progress.
Our house is looking so good! Made me so excited to drive by and see the progress today!! @AustinFC @AustinAnthem… https://t.co/Yiyc1hqh07— Andi (@Andi) 1589064912.0
Sunday afternoon bike ride (dare I say pilgrimage?) to visit our favorite example of sacral architecture 🏟️🌳⚽🚴🏻♂️😄… https://t.co/gGymD5M2ef— Chris H (@Chris H) 1588529094.0
Beautiful afternoon to ride and wonder around. Decided to check out this beauty up close. Looks amazing!… https://t.co/5HyTfOC8MX— Juan M. (@Juan M.) 1588290531.0
"The club's fortunate—where we are in terms of timing—because you're still building the framework, you're still building the outside, so it's really easy to be able to do that socially distanced and safely," Bentley said.
Austin FC has not provided formal updates since mid-March, but its president, Andy Loughnane, reported to MLS that ticket sales were strong earlier this year.
When the team opened ticket sales to the public last June, it broke a league record for most deposits made in the first 24 hours: 30,000. Since then, sales have surpassed 40,000 deposits and the stadium's most expensive products—suites, field club and loges—have sold out entirely.
Ticket prices have not been announced, but local Austin FC blog Capital City Soccer compared prices from the league's newest clubs: FC Cincinnati, FC Dallas, Houston Dynamo, Inter MIami CF and Nashville SC. Among those teams, supporters' season tickets went for $180-$425, with the high-end seats ranging from $1,400 to $4,100.
"It does not seem like interest has slowed down," Bentley said of what he's heard from other Anthem members. "I'm sure that there are individual people who are going to be affected by [the pandemic] that have to make changes because of their budget, but it doesn't seem to have had a significant effect on people's appetite for tickets."
The stadium went vertical in early February. (Austonia staff)
The next batch of tickets that will be made available to deposit holders are more affordable. The team has committed to selling 70% of stadium season tickets for $48 or less in an effort to make the games accessible for the wider Austin community, and supporter tickets are expected to be even less.
In the meantime, both Austin FC and Austin Anthem are planning for the year ahead.
Sporting Director Claudio Reyna said at a January press conference that the team would likely sign its first players this summer, though this is a process that may be delayed by the pandemic for leagues around the world.
Austin Anthem has paused its in-person events for the time being. But Bentley is optimistic. "It's been a good change to plan and develop a strategy about how to grow [the group] out because it has been going nonstop with things ever since the club got announced [in 2019]," he said. "So a little pause is not the worst thing in the world."
Anthem has around 2,000 members on its email list—but has room to grow. There are over 3,000 seats in the supporter section at McKalla Place. "We need to double in size between now and a year from now," Bentley said.
Correction: This story has been updated with the correct value for the stadium. The original version said it was $240 million; it is $260 million.
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An Austin-based firm that’s established itself as one of the top Bitcoin miners in North America is set to go public.
On Thursday, the company, known as Core Scientific Inc., announced it’s now trading on Nasdaq as $CORZ. The stock opened at $9.74 per share then peaked at $10.48. The company was assigned a $414 million market cap.
"As one of the largest publicly-traded blockchain infrastructure providers and digital asset miners in North America, we are focused on growing our capacity, defending and securing the blockchain ecosystem and building long-term shareholder value," CEO Mike Levitt said.
As reported by Yahoo News, investors approved a plan for a public debut through a $4.3 billion merger with special purpose acquisition company Power & Digital Infrastructure Acquisition Corp. The deal arrives as Austin sees its crypto scene soar, with increased activity in the NFT economy and groups pooling their money together through DAOs.
Core Scientific was established in 2017 and relocated its headquarters from Seattle to Austin last year. It has a site in Downtown Austin on 106 E. 6th St. and data centers in Georgia, Kentucky, North Carolina and North Dakota. More than 100 full-time employees are in the U.S., but it's unclear how many are in Austin.
Now, they say they are the biggest Bitcoin miners based on processing power, with claims that the combined mining capacity on the Bitcoin network exceeds that of competitors. And SEC filings from earlier this month show it's in the process of acquiring Blockcap, Inc., which moved to Austin last year.
The company describes itself as a leader in high-performance, carbon-neutral blockchain infrastructure in an industry that catches flak for its energy use.
Aside from mining, the company provides internet hosting services for other large-scale miners. In fact, it derives about half its revenue by helping big customers mine, a quality seen in what’s often referred to as an “institutional-grade” miner.
Looking ahead, Core Scientific seems optimistic about the year ahead even as Bitcoin falls from its all-time high.
“We’ve worked hard to lay the groundwork that will enable us to achieve our 2022 projections,” Levitt told Yahoo News. “Our objective is to be the best. Being the best means doing all that we can for our business, the industry in which we participate and for the Bitcoin network.”
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Watch some Cricket
When: 5:30-10 p.m. Saturday and Sunday
Where: The Crossover, 1717 Scottsdale Drive
What: Looking for a new sport to obsess over? Attend one of Sports Movement’s indoor cricket matches.
Le Garage Sale
When: 11 a.m. Saturday and Sunday
Where: Palmer Events Center, 900 Barton Springs Rd.
What: Find over 100+ boutiques, brands and designers at Le Garage sale. Shop leisurewear, accessories, menswear, children’s apparel, home decor and more. Tickets start at $10.
See a movie at the drive-in
When: 6:25-8:45 p.m., 9:15-10:50 p.m. Saturday
Where: The Globe Drive-In Theater, 8017 Cele Rd.
What: This weekend you can see Harry Potter and the Prisoner of Azkaban at 6:25 p.m. or you can see The Cabin in the Woods at 9:15 p.m. at the drive-in. Tickets cost $16 per car.
Museum of Ice Cream
When: 11:30 a.m Saturday and Sunday
Where: Museum of Ice Cream, 11410 Century Oaks Ter.
What: The Museum of Ice Cream is featuring 12 never-before-seen instillations celebrating the enjoyment of ice cream. View tickets here.
The Austin Flea
When: 12 p.m. Sunday
Where: Meanwhile Brewing, 3901 Promontory Point Dr.
What: Find handmade items, vintage wares, food and drink and more at The Austin Flea at Meanwhile Brewing. Vendors are handpicked for each show to guarantee a great selection of items to shop for.