Tax Incentives Approved, Topgolf Expanding to El Paso
City Council unanimously approved a $5 million incentive agreement with Topgolf today (Tuesday, Nov. 1) officially making El Paso its 10th Texas location.
The El Paso Times reports the city agreed to give the sports entertainment company property tax and sales tax rebates totaling $5.1 million over 15 and 17 years respectfully, and a $34,000 rebate on certain building and planning fees.
In return, Topgolf will invest $15.7 to build the venue within the 292-acre Montecillo development on North Mesa in West El Paso, across from Alamo Drafthouse Cinema. The company chose the location because of its proximity to downtown and I-10.
According to a company press release, construction will begin "in the next couple of months." It is expected to open in late 2017.
Once completed, the 3-level, 65,000-square-foot venue will have 102 climate-controlled hitting bays, and feature "a chef-driven food and beverage menu" and hundreds of HDTVs.
Topgolf officials estimate it will serve approximately 450,000 visitors in its first year of operation, nearly half of which they describe as “non-golfers.”
It is expected to employ somewhere between 400 to 500 people in a combination of full-time and part-time jobs. Specific wages were not revealed during Tuesday's city council meeting.