Season tickets and luxury suites for the new Milwaukee Bucks Arena are almost sold out, with more than a year before it even opens.
Milwaukee Bucks President Peter Feigin says a luxury suite replica was built at the Bucks offices in Schlitz Park to give potential buyers a chance to visualize what the rooms will look like before they commit hundreds of thousands of dollars.
“People that are making a real investment for seven, nine, 10 years can actually see what their view will be like on the court,” said Feigin.
The suite replicas use digital images and projector screens to show buyers what their specific sight line will be, depending on the suite.
And it’s not a cheap investment. Feigin says the suites start at $225,000 per year and go up to as much as $325,000. Owners will have access to the suite for any arena event including concerts and Bucks games.
“Every suite will have its own attendant to service it, which is a little bit different than most arenas and stadiums,” he said.
Feigin says he is already working to attract big name artists to the arena for future concerts.
“For probably the last five or 10 years, Milwaukee has been skipped on the concert trail,” said Feigin. “We’ve designed this arena to actually be accommodating for huge shows.”
Only five suites remain available, out of 34 total. The BMO Harris Bradley Center has 44 suites.
“We really wanted to create a place where supply was tight and demand was high over time,” said Feigin. “We’re not building this just for the year we open, we want to stay in demand over a long period of time.”
The Bucks have also sold 90 percent of their season tickets too.
Tim Starr is one of the lucky season ticket holders for the new arena, and as a big Bucks fan, he says he’s excited to be a part of this new chapter.
“There’s great energy, the amount of people that are talking about the Bucks is unprecedented,” said Starr. “We haven’t had this in the past.”
For those who know they’ll never step foot in a luxury suite, the Bucks organization says half of the tickets in the new arena will be $50 or less. They will also sell a limited number of $10 tickets per game.
The average price for lower bowl ticket will be $118 while the average price for an upper-level ticket will be $23.
The Bucks say ticket prices are on average $6 more than tickets at the Bradley Center.