Venu Holding Corporation announced on May 13, 2025, that it has closed on the 20-acre property for its 12,500-seat multi-season outdoor music venue in El Paso, TX, named Sunset Amphitheater at El Paso. Construction on the $100 million premium destination is anticipated to begin in Summer 2025, with an official Groundbreaking Ceremony in Fall 2025.
The development is a public-private partnership with the City of El Paso, situated within the Cohen Entertainment District. The project is backed by a $31.5 million performance-based incentive package from the City of El Paso.
The Sunset Amphitheater at El Paso is anticipated to open in 2026 and is projected to generate more than $2 billion in economic impact in its first 10 years of operation. This finalization of land acquisition is a crucial step in VENU's strategic expansion across high-growth markets.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.