Sunset Amphitheater

[Swake]

Lol, chill. it’s a rendering showing a concept…did you even open the link… literally nothing else there? Obviously it’s not the confirmed or final location. Of course the city wouldn’t sell river park land. I would guess they want to put it up in the hills west of the refinery and rail yard that have a cool view of a view of downtown. Always thought that would be a cool spot for something like this if someone could acquire the land especially since Tulsa has no real outdoor concert venue

River West used to have a floating amphitheater stage. There were concerts there for many years with many, many bugs.

https://tulsaworld.com/news/local/hi...15eae0.html#17

https://www.newson6.com/story/5e3630...t-city-auction

[PhiAlpha]

River West used to have a floating amphitheater stage. There were concerts there for many years with many, many bugs.

https://tulsaworld.com/news/local/hi...15eae0.html#17

https://www.newson6.com/story/5e3630...t-city-auction

Yeah I’d heard that criticism of it. I think being up in the hills and being able to catch a breeze might reduce some of that.

[PhiAlpha]

They aren't...just saying that they will.

And I doubt the fire pits have to be lit. Just basically reserved areas for groups.

Convert them to pools in the summer lol.

[shavethewhales]

Regardless of the location and the veracity of the proposal, there's a lot to say about the design in general. Concerts have been getting more expensive and exclusive and the culture of live music is changing... for the worse in most respects. This venue is specifically designed to cater to wealthier clientele. Like half the place is devoted to "suites". I assume the pit near the stage will be expensive. The main audience gets stuck way back on bleachers looking across the field of fancy "fireplace suite" folks. I just imagine that being a weird vibe, especially seeing as the suite people are going to be catered to all night with food and drinks.

Odd that they are emphasizing so much upcharge space while also building a "cheap" amphitheater. I guess the reserved spaces would be even more jarring in an enclosed environment. What happens when it rains? Do the suites get to put up tents and block the view of the stands?

I can't imagine seeing a typical rock act in this environment. I guess it could work for most country/bluegrass folks, and the typical acts that tour casinos...

[HOT ROD]

This is in Oklahoma City. Mustang is 6 miles South.

Hopefully, it will close the Zoo amphitheater and the land can revert back to the zoo.

concur with this! Perhaps Six Flags Frontier City could build one in addition to this, I think the OKC metro area can support two amphitheatres (the zoo amp is horrible for the animals).

[BoulderSooner]

This is in Oklahoma City. Mustang is 6 miles South.

Hopefully, it will close the Zoo amphitheater and the land can revert back to the zoo.

it doesn't have to "revert" the zoo trust owns the land currently ..

they have a RFP out for it currently

[Dustin]

I started a new job in Mustang about two years ago and in just those two years the town has grown so much. Lots of new housing editions. I'm not surprised these developers are deciding to build here (although the location is technically in Yukon). I just wish the parking was going UP instead of OUT. Seems like a lot of wasted real estate.

[billokc]

If it happens, it happens. I'm not a fan of outdoor concerts, so I won't go. For those that like it, more power to you.

[Bellaboo]

I started a new job in Mustang about two years ago and in just those two years the town has grown so much. Lots of new housing editions. I'm not surprised these developers are deciding to build here (although the location is technically in Yukon). I just wish the parking was going UP instead of OUT. Seems like a lot of wasted real estate.

It's technically in OKC, but will have a Yukon postal address. Yukon is 2 miles to the North.

[Swake]

It's technically in OKC, but will have a Yukon postal address. Yukon is 2 miles to the North.

My sister in law lives out there. Her kids went to Mustang, her address is in Yukon but she actually lives in Oklahoma City.

[HOT ROD]

after reviewing their site, it appears that the OKC location is a go and that the "investors" are those who will purchase suites/fire pits.

It shows 87 available out of 120 (as of Jul 17), meaning some 33 spots have been purchased at Oklahoma City. Coincidentally, it shows Tulsa as "coming soon", indicating it is not been purchased like OKC has.

[lpsooner]

I'll be very concerned about the chances of this going forward if they really are relying on selling the fire pits as the main investment vehicle. I'd expect most of these shows to be held when it's 80+ degrees outside.

Has anyone inquired to see what they're asking for the suites?

[Urbanized]

My gut reaction when seeing this story was “I’ll believe it when I see it,” but after spending some time on their site, including reading some of their media links (such as WSJ and Denver Post articles) I really do get the impression that they are legit and that they have their **** together.

I believe I’d actually previously red the WSJ article, but if not I know I’ve read similarly-themed pieces discussing the trend they’re riding in the live music industry, which is the opening of high-quality live music venues in underserved mid-sized markets.

I know things in OKC are presently light-years better in the live music department than they were even 5-10 years ago, but there is still much room here for a venue of the size proposed and ESPECIALLY for a better outdoor venue. This pains me to say, because I’m pretty emotionally attached to Zoo Amp. Not only because I have many great memories there, but also because I’ve recently discovered that my very own grandfather (one I never knew) was almost certainly involved in the construction of Zoo Amphitheater when he served in the Civilian Conservation Corps (WPA) during the Great Depression. I would love so much to see major reinvestment in Zoo Amp, but that doesn’t seem to be in the cards.

Anyway, it will be interesting to see if this new amphitheater at Mustang Creek will come to fruition, but at the very least in my opinion on the surface it doesn’t seem to be a scheme or a scam.

[SEMIweather]

Has anyone inquired to see what they're asking for the suites?

This is as rudimentary an estimate as you can make, but their Colorado Springs amphitheater which is fully funded cost $40,000,000 and they sold 90 suites. So dividing those two numbers would suggest that they're asking just shy of $450k per suite.

https://noteslive.vip/sunset/

[ManAboutTown]

This is as rudimentary an estimate as you can make, but their Colorado Springs amphitheater which is fully funded cost $40,000,000 and they sold 90 suites. So dividing those two numbers would suggest that they're asking just shy of $450k per suite.

https://noteslive.vip/sunset/

No way in Hades they get THAT here in OKC. That's crazy!

[soonerguru]

My gut reaction when seeing this story was “I’ll believe it when I see it,” but after spending some time on their site, including reading some of their media links (such as WSJ and Denver Post articles) I really do get the impression that they are legit and that they have their **** together.

I believe I’d actually previously red the WSJ article, but if not I know I’ve read similarly-themed pieces discussing the trend they’re riding in the live music industry, which is the opening of high-quality live music venues in underserved mid-sized markets.

I know things in OKC are presently light-years better in the live music department than they were even 5-10 years ago, but there is still much room here for a venue of the size proposed and ESPECIALLY for a better outdoor venue. This pains me to say, because I’m pretty emotionally attached to Zoo Amp. Not only because I have many great memories there, but also because I’ve recently discovered that my very own grandfather (one I never knew) was almost certainly involved in the construction of Zoo Amphitheater when he served in the Civilian Conservation Corps (WPA) during the Great Depression. I would love so much to see major reinvestment in Zoo Amp, but that doesn’t seem to be in the cards.

Anyway, it will be interesting to see if this new amphitheater at Mustang Creek will come to fruition, but at the very least in my opinion on the surface it doesn’t seem to be a scheme or a scam.

I was alarmed to see that Carol Hefner is involved in this. She was interviewed by KOCO for the story and seemed to be the primary booster. It really gives me pause about the entire operation.

[Urbanized]

^^^^^^^
I believe her father/family is the developer of Mustang Creek. I was in a meeting with him a couple of years ago and he was more fired up about what I believe must be this development (based on described location) than he was about the topic we were discussing. I haven’t really kept up with this development, but I’m pretty sure that’s the story.

[PhiAlpha]

it doesn't have to "revert" the zoo trust owns the land currently ..

they have a RFP out for it currently

An RFP for what?

[BoulderSooner]

An RFP for what?

new operator / new plan for zoo amp

[BDP]

I'll be very concerned about the chances of this going forward if they really are relying on selling the fire pits as the main investment vehicle.

I don't even understand how they're an investment. Is there a rev share element to it or is it just equity in a theater suite?

All I can find on the site is a target return of 19.6% and $200,000 annual salary ($300,000 for a couple) needed to qualify.

[lpsooner]

This is as rudimentary an estimate as you can make, but their Colorado Springs amphitheater which is fully funded cost $40,000,000 and they sold 90 suites. So dividing those two numbers would suggest that they're asking just shy of $450k per suite.

https://noteslive.vip/sunset/

I would be surprised if they do this with all equity. Likely they'll have some bank financing, maybe 50% - 60% of the total. Also, they're selling 12 super suites which I imagine will go to corporate owners so those will probably cost multiples of the 8-person suite. And hopefully they're putting some cash into the deal themselves, aka "skin in the game". This is a total guess, but I'd expect the suites to come in between $50-$100k. But lots of unknowns around the structure of the deal s I could be way off.

[PhiAlpha]

new operator / new plan for zoo amp

Got it. It's a really cool venue but a refresh would do wonders for it.

[sooner88]

^^^^^^^
I believe her father/family is the developer of Mustang Creek. I was in a meeting with him a couple of years ago and he was more fired up about what I believe must be this development (based on described location) than he was about the topic we were discussing. I haven’t really kept up with this development, but I’m pretty sure that’s the story.

That's correct, Sam Coury is Carol's father.

[dhpersonal]

Yeah it really annoys me when this area is referred to as Mustang, This area all has a Yukon address and considering it's like 1 mile since the city limits, that's completely fair to me. A lot of things in this area are named after the Mustang Creek that runs through the area down to Mustang, which is also why the town is called Mustang.

I say this because I actually work in Mustang proper, and when ordering at Wendy's the other day I made a mistake of ordering at the location up near Yukon (by this Mustang Creek development) because they are calling that their second Mustang location. If they want to keep the Mustang name at least call it Mustang Creek so it won't be confused with actual businesses in Mustang.

That's an unfortunate consequence of their naming convention. When there is only one Wendy's in a city, they appear to name themselves the name of the city; when there are more than one Wendy's in a city, then they switch to the road name. There is one Wendy's in Mustang, and one Wendy's on Mustang.

[Thunderbolt]

"Two days after unveiling plans to open an outdoor amphitheater in Oklahoma City, Notes Live announced Thursday that it plans to build a similar venue in the Tulsa area."

https://tulsaworld.com/news/local/bu...ign=user-share