A couple of ways to compare - note that the concrete wall has quite a bit better LF TL - about 6-7 dB @ 50 hZ. The low end is the hardest part on walls, so this is significant.
When you consider that (do a google on Fletcher-Munson) human hearing threshold at 50 hZ is around 55 dB, if you have a TL of 33 @ 50 hZ you should barely hear anything thru the concrete wall until you're generating 85 dB at that frequency.
Also note that these two examples, even though they are within one STC point of each other, will NOT have anywhere near the same isolative properties; the concrete wall will have nearly TWICE the effective sound isolating properties, mainly due to the LF performance. This does, however, assume that nothing else you do will "screw this up" - which isn't likely given some of the constraints you've stated or drawn.
There is no single(commercial) door that will come close to this 55 dB spec that costs less than $4000 - check here
http://www.overly.com/doorCo/Products/index.cfm
for more on that. So you would need to allow for a sound lock and two doors in your plan in order to maintain good iso.
Your ceiling will be another challenge; depth of air space would be your friend here, since you can't hang too much weight on skinny ceiling joists - the increased depth of joists will help both strength and widen the air gap; that way, you could use more layers of gypsum on either side of the ceiling joists AND get a wider gap; both of which will improve isolation.
All the above comments are assuming you're starting from scratch; seems like I read that in earlier posts, correct me if I'm wrong.
Given an 8 x 10 foot section of wall, in my area costs would run roughly $300 for the solid concrete (based on hiring it done - $100 for concrete @ $70/yd, $200 for labor - possibly more including forms, usually concrete contractors re-use these and may charge a portion of the cost to your job) - Materials only for the drywall version would run around $125 for the same 8 x 10 section, if you HIRE it done labor would run about the same; so, if you're NOT DIY it would be maybe a little cheaper for concrete.
A "magic bullet" wall that thick might improve on some aspects, but I don't think you'd get any better LF performance than the solid concrete wall. All these are very expensive. Yes, they give you more mass in less space; but not as much as concrete, and the cost difference isn't insignificant; a single 4x8 sheet of 5/8 wallboard runs around $7, which, if it were MLV, would have about the same isolative properties; the cost of the MLV would run around $1.25 a square foot, or $40 vs. $7 - multiply this by both sides of the wall, and wow...
One thing to consider; which is better, perfectly proportioned space that you can't use because of noise problems, or slightly smaller space that's usable 24/7? If you don't have any more space to expand your envelope OUTWARD, those are your two choices; even tho the "magic Bullets" approach like MLV, Quietrock, etc, may improve TL somewhat in a given wall thickness, I've yet to see any of them that are even close to cost-effective... Steve