The Tulsa Forum by TulsaNow

Some company is proposing a west Tulsa concert venue. They are apparently trying to build amphitheaters all over the country looking for "investors" that will receive VIP seating and tickets to all concerts. In OKC if you invest you will get a 19.6% return on your money! Wow! So huge and very specific. Seems beyond sketchy.

The Tulsa version looks to take up the entire River West park. The company's website is a whole lot of cut and paste of the same/similar images over and over in different locales all with just outstanding rates of return for investments.

https://noteslive.vip/properties/oklahoma/tulsasunset/

(https://noteslive.vip/wp-content/uploads/2023/07/8.jpg)

Saw that in the post from Laramie.

Even if they used the cement plant as well, there's not enough room for the venue and parking, not to mention the traffic issues that would come with it for the surrounding neighborhood.

Not an apples to apples comparison, this is Talking Stick Amphitheater in west Phoenix and between the actual theater and the grass hill it seats ~20,000 and the site takes up just under 60 acres. The housing around it was not there when it opened in 1990.

https://goo.gl/maps/CGf9T43P9LJKxeG9A (https://goo.gl/maps/CGf9T43P9LJKxeG9A)

Meh, parking could be handled... however I'm not sure the surrounding apartments and housing would appreciate this being plopped in. They already have to deal with Oktoberfest each year. Speaking of, that event is important enough that there would be significant resistance to having this take up the whole park. If they incorporate the cement plant area somehow there are ways this could work, but I have a feeling they haven't thought this through much and are just throwing things at the wall to attract "investment". They could bump out into the river by filling in that weird little inlet, but that would be expensive.

The whole thing smells like a scam. They announced multiple locations all at once, and are looking for investors to get them all off the ground. Looks like a logistical nightmare unless their plan is to just take in a bunch of money and if things "fall through", that's on the investors.

Edit: the company looks "legit" in the sense that they appear to already own a few venues - kinda looks like they bought out a couple chains? Their design for this ampitheatre concept that they want to build in multiple locations leaves much to be desired however. The "firepit suites" between the main stands and the pit will be real annoying in real life. Basically taking the VIP areas that have been creeping in at all the festivals and exploding it to take up half the venue. The main audience is pushed way back. I guess for some types of events it would work pretty well, but for major rock concerts it would be very annoying.

Promising double digit annual returns screams scam.

So, if you buy one of these firepit VIP boxes, is that like buying a timeshare where you have to pay taxes and maintenance fees on every year? It says in some of the info I read that you become a "landlord" so to speak, but to me it seems more like you are the risk taker for someone else.

"No concerts? Don't worry, you'll make money off the restaurants and bars."

I get it, it's going to become a destination thing. The one in Colorado Springs is next to a Top Golf, Indoor Parachuting, Bass Pro Shop area.

https://goo.gl/maps/ranGH2oaaPUYkWTf8 (https://goo.gl/maps/ranGH2oaaPUYkWTf8)

It's not built yet. They had a "symbolic" groundbreaking last week.

https://www.kktv.com/2023/07/12/it-is-being-designed-be-most-luxurious-amphitheater-ever-built-controversial-southern-colorado-music-venue-break-ground/

Saw that, I was just pointing out where it's projected to be.

So now its in Broken Arrow? 

(https://bloximages.newyork1.vip.townnews.com/tulsaworld.com/content/tncms/assets/v3/editorial/9/74/9745742c-6244-11ee-a089-736cb4a1d9ba/651ca404d44a7.image.jpg?resize=1155%2C500)

https://tulsaworld.com/life-entertainment/local/music/12-500-seat-amphitheater-coming-to-broken-arrow/article_d07d4168-622e-11ee-94a5-d3df00428979.html

It was never in Tulsa.   They were just shopping around for a location. 
Probably told the burbs that Tulsa was going to get it unless they wanted to steal Tulsa's thunder.

This screams scam

Curious for more details to come out about how it will be funded. $93 million is a lot for a company with so much already supposedly going out to construction. They do have a few properties existing, and a few moving to construction or under construction, but it feels like everything is funded on speculative investments. Still seems like a house of cards that could collapse at any time.

Seems they are getting ready to start construction on one in Murfreesboro TN and the one in Colorado Springs has landed in court with a lawsuit over the noise level the venue will create. Sounds like a somewhat NIMBY suit but will be curious as to what happens.

https://www.cpr.org/2023/09/28/colorado-springs-sunset-ampitheater-lawsuit/ (https://www.cpr.org/2023/09/28/colorado-springs-sunset-ampitheater-lawsuit/)

I wouldn't want something like that in my neighborhood.  Sometimes NIMBY isn't a bad thing.

That's why I said somewhat. It does seem like there is a potential there and it should be checked out. It seems it's on the venue to prove they are in compliance since the homes where there first.

I can remember as a kid hearing the stock car races from the fairgrounds at my parents house over by MA HU. During the fair they would have tractor pulls and you could tell the difference berween the ones with multiple V8 engines and the ones that ran V12 Allison and Merlin engines. I knew some people that lived north of the fairgrounds and they would try to go out of town on vacation during the fair.

Damn! This along with the American Heartland Theme Park! What a boon for the Tulsa area!!!

Of course, realistically, we're probably going to run out of land to build these with all the battery plants popping up....

American Heartland Theme Park - is it started?

Here's a photo from the recently opened water park.

(https://i.dailymail.co.uk/i/pix/2016/09/23/01/38B412B400000578-0-image-a-2_1474589520002.jpg)

Love it!!!    I need one of those SO bad!

I agree that we need to build a big lake in Broken Arrow! Too many people in Broken Arrow!

Used to be a good little town - still not bad but not like even 20 years ago.   They got all churchified by Rhema and First Baptist.