The Minneapolis Fillmore, a brand new 1,850-capacity venue being constructed in Minneapolis’ North Loop neighborhood, has its eyes set on a February 2020 grand opening, with the first few events taking place at the venue to be announced sometime in October.

“The Fillmore Minneapolis will be a redefined concert experience for the Twin Cities, and we’re thrilled to unveil this unmatched venue right next to Target Field near downtown in the North Loop,” said Rob Bension, president of Live Nation’s Clubs and Theaters division at the venue’s grand preview on Thursday morning.

“At every Fillmore, we welcome our guests to make a night of it, not just with our incredible lineup of world-class performers, but also with delicious food, inventive cocktails, and craft beers.”

The 36,000 square foot venue, located next to Target Field Station at 521 N. 5th Street, will be the ninth Fillmore location to open in the United States and has plans to host between 200-250 events every year ranging from live music, stand-up comedy, live podcast recordings, as well as other private and corporate events.

The venue’s music hall, VIP lounge, and private box seats will feature artifacts from the original San Francisco Fillmore venue, their signature red velvet drapes, murals, wooden dance floor, as well as other Minneapolis-specific features.

The venue’s mezzanine level will feature box seats and premium tickets, custom artwork paying homage to Prince, as well as the luxurious BG’s Lounge, named after legendary promoter Bill Graham, which includes a private bar for upgraded ticket holders, as well as boasting an intimate setting for potential acoustic performances and album release parties for the artists they are hosting.

The concert venue will be also be paired with a restaurant, Trax Burgers and Bar, slated to open along with the music hall in mid-February and an Element Hotel by Westin, which will open early 2020.

The venue will provide another foothold for Live Nation’s presence in the Twin Cities, which already includes shows at active venues such as Target Field, U.S. Bank Stadium, Xcel Energy Center, The Armory, The Varsity Theater, The Hennepin Theaters, and more.

The venue will be in direct competition with the 1,500-capacity First Avenue, which is just a few blocks away on the other side of Target Center, as well as the 2,500-capacity First Avenue-booked Palace Theatre in St. Paul. First Avenue also has plans to open an outdoor amphitheater along the Mississippi River in Minneapolis in the near future.

Minneapolis talent buyer Tamsen Preston will book for the state-of-the-art venue, which will join San Francisco; New Orleans; Philadelphia; Denver; Detroit; Miami; Charlotte, NC; and Silver Spring, MD in the Fillmore family of venues.