Live Nation to open 18 new venues across the U.S. See where they'll be located.

Live Nation is building 18 new venues across the U.S., the entertainment company announced Tuesday.

The new concert hubs — which will run the gamut from intimate clubs to large outdoor amphitheaters — are expected to open over the next 18 months and will cost $1 billion to build, according to Live Nation's press release. This adds to the company's existing portfolio of 150 venues.

The move was described by Live Nation as a way to reach smaller markets, which might not have a music venue nearby.