EL PASO, Texas (KTSM) — The City of El Paso finalized its agreement with Notes Live Inc., to move forward with building an $80-million amphitheater in Northeast El Paso.
City Council members voted 4 to 3 during the July 2 meeting to approve the nearly $31-million incentives and sale of 17 acres to the entertainment and hospitality company in exchange for the new entertainment center that will need to book at least 40 national touring events every year per the agreement.
Representatives Josh Acevedo, Cassandra Hernandez, and Isabel Salcido were the three council members who voted against the agreement over concerns about the non-compete clause that would give Notes Live Inc. first refusal rights.
According to the 380 Agreement, the incentive from the City includes tax rebates, an $8-million 8-year development note, and City-owned land.
The City said the plan could generate $5.4 billion for the economy.
The 12,500-seat arena will begin construction at the Northeast corner of Cohen Avenue and Gateway Blvd. North this August.
The venue is scheduled to open in March 2026.
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