Post Date:10/03/2023 8:13 p.m.
The Broken Arrow City Council authorized an economic development agreement between the City of Broken Arrow and Sunset at Broken Arrow, LLC, to bring a large-scale outdoor entertainment venue to the city’s southeast side.
The agreement was approved during the Council’s public meeting on Oct. 3.
The public/private partnership includes a 12,500-seat capacity outdoor amphitheater for live, major musical acts on 13 acres near Events Park.
“Live music venues have long been a desire of Broken Arrow citizens, and this public/private partnership to bring a world-class entertainment complex to Events Park, will generate experiences that become life-long memories for residents and visitors of BA,” said Broken Arrow Mayor Debra Wimpee.
Sunset at Broken Arrow, LLC is a subsidiary of Notes Live, one of the fastest-growing entertainment and hospitality companies in the United States. Sunset has committed a $70 million capital investment on the entertainment complex and a minimum of 45 scheduled events that are projected to generate nearly $4 million in city sales tax and $934,000 in ad valorem tax revenues annually. The estimated annual economic impact is $211 million.
The City of Broken Arrow has agreed to perform approximately $20 million in public infrastructure improvements at Events Park including:
- A new on-site parking lot with a minimum of 2,360 parking spaces
- Stormwater detention facilities improvements
- Road improvements within Events Park
- Road improvements to connect access to State Highway 51 to provide more entry and exit points at Events Park
- Road improvements on New Orleans Street (101st Street)
- Waterline improvements serving the amphitheater
Engineering firm Kimley Horn has been retained to begin the design work of the public infrastructure improvements.
The City is working on the creation of a sales tax only Tax Increment Finance (TIF) District to fund its share of the project.
City leaders are negotiating the purchase of an adjacent 41 acres of private property north of Events Park for the proposed location of the amphitheater. At least 13 acres are expected to be sold to Sunset.
“Sunset’s intention to build a state-of-the-art amphitheater in Broken Arrow to bring live entertainment for citizens and visitors, proves yet again, our city is an environment that supports private investment,” said Broken Arrow City Manager Michael Spurgeon.
The construction of the amphitheater will likely begin in 2024 and is projected to be completed by Dec. 31, 2025. It is expected to provide Broken Arrow with a significant attraction that will expand employment, enhance the tax base, and attract major investment. According to the agreement, the complex will provide approximately 80 to 90 full-time positions, an additional 150 indirect jobs, and generate approximately $85 million in annual sales.
“This public/private partnership is the latest example of Broken Arrow’s commitment to seek out and attract economic development opportunities that enhance BA’s profile as the best community in Oklahoma to live, work, and play,” Spurgeon said. “There is a lot of work to do, including providing the public infrastructure – roads, parking, water, etc. – and the construction of the venue itself, before our community benefits from the amphitheater opening to the public sometime in 2026.”
About Notes Live
Notes Live provides luxury outdoor music venues and entertainment campuses, as well as established entertainment complexes, including Sunset Amphitheaters, Bourbon Brothers Smokehouse & Tavern restaurants, and Boot Barn Hall live music venues. It has partnered with Anschutz Entertainment Group (AEG) to operate its amphitheaters. AEG is the world’s leading presenter of sports and live entertainment; 50 percent of tickets sold worldwide in top 10 arenas are sold with AEG affiliation; 15 out of the top 20 arenas are owned and/or affiliated with AEG – seven in Oklahoma including BOK Center in Tulsa.
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