Denton's first brewpub opened less than a year ago, but come late 2016, there will be another within walking distance from the iconic courthouse square that will feature a massive live music venue.

The brains behind Audacity Brew House, the city's first brewery, and Barley and Board, the aforementioned brewpub, are teaming up to open a satellite taproom and restaurant on East Hickory Street. The spot will be called Audacity Brew House at Travelstead.

The restaurant and bar will inhabit 8,000 square feet of existing real estate that sits on a tree-covered plot of land spanning one city block, the place long-rumored to house a massive music venue. The brewpub will be outfitted with a production facility that can brew up to 10,000 barrels per year. Audacity plans to brew its year-round offerings there as well as specialty recipes and non-alcoholic sodas.

Owners promise a "chef-driven, beer-inspired menu," likely devised by Chad Kelley of Barley and Board. (Kelley was the original chef at Dallas gastropub the Meddlesome Moth.)

The Audacity Brew House satellite is one piece of a bigger picture of things to come at the Travelstead. Last fall, the location served as one of two main stages during Denton's Oaktopia music festival and plans for a permanent outdoor concert area in the space have long been talked about.

Local entrepreneur and part-owner John "Sparky" Pearson, who also owns LSA Burger Co., says construction for the concert venue is currently underway and he hopes it will open alongside the brewpub in late 2016. Midlake band member Eric Pulido, another backer, says the space held 3,000 people during Oaktopia last year.

"It will be a really cool thing, mainly because we don't have not only an outdoor space like that, but a capacity level at any of our venues to attract any large national acts outside of a festival," he says.

Additional plans for the Travelstead include an indoor marketplace that will feature locally made goods, such as cheeses, as well as the potential for pop-up arts and craft fairs. Pearson also hopes to use the venue as a walk-in or bike-in movie theater.

The project is an homage to the people who established Denton as "a place where people will come to be uplifted and loved," according to the owners. The venue is named for Ulric Clyde Travelstead, who owned an auto supply shop in the space where the new brewery will be housed. Every individual business there will include "at the Travelstead" in its name to keep the spirit of Denton's history alive, says Pearson.

"The storied past is the heartbeat of the Audacity Brew House at Travelstead," said Pulido in a statement. "We’re working now to build the body around that."