Big Surf in Tempe, closed since 2019 due to COVID, sold for more than $49M

Apr 13, 2022, 12:10 PM | Updated: 2:45 pm

PHOENIX — Iconic Tempe water park Big Surf has been sold for more than $49 million to a California-based real estate company.

The sale of the 35.5-acre property on McClintock Road just north of the Loop 202 Red Mountain Freeway was announced in a press release on Tuesday by Velocity Retail Group.

More than 30 offers were made to the family that owned the East Valley summer staple, which has been closed for the past two years due to COVID-19, with the bids ranging from $30 million to nearly $50 million.

Overton Moore Properties has yet to announce a plan for the 52-year-old site.

“The sellers had a comfort level that OMP (Overton Moore Properties) could perform and close on the Big Surf property and create a development that will enhance, bring employment and other activity to the trade area,” Darren Pitts, executive vice president of the retail group, said in the release.

The real estate company has experience developing industrial projects throughout the southwest, Pitts added.

Big Surf opened on Oct. 24, 1969, and was home to America’s original wave pool, according to the official website.

Along with other attractions like various slides, the facility also hosted legendary musical acts.

Pink Floyd, Elton John, the Red Hot Chili Peppers, the Beach Boys, Chicago, Sting and Rod Stewart are just a few of the names who played at the water park.

The sale also included Oceanside Ice Arena, the former home of Arizona State University’s hockey team.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Facebook Photo/Phoenix Police Department, file)...

Wills Rice

Teenage girl dead after hit-and-run collision in Phoenix

Phoenix police are searching for a suspect in a hit-and-run traffic collision that left a 16-year-old girl dead.

14 hours ago

(Pexels Photo, Facebook Photo/Phoenix Police Department)...

Suspect arrested in death of man in West Valley last month

A suspect in the murder of a man in the West Valley last month was arrested Friday, authorities said.

14 hours ago

(Facebook Photo/Pinal County Sheriff's Office)...

Two dead after plane crashes in mountain area near Apache Junction

Authorities responded to a plane crash that killed two people in the Superstition Mountains area near Apache Junction on Saturday morning.

14 hours ago

(Facebook photo/Phoenix Union High School District)...

Phoenix, Mesa high schools receive $950k grant to expand dual enrollment

ElevateEdAZ, a Greater Phoenix Chamber Foundation initiative, received a $950,000 grant to expand dual enrollment in two large Valley public school districts.

14 hours ago

(Facebook Photos/Over Easy)...

SuElen Rivera

Over Easy breakfast restaurant to open new location in Chandler

Popular breakfast restaurant Over Easy is expanding in the Valley with the opening of its latest location later this month. 

14 hours ago

Celebrity interior designer Bobby Berk — who stars on Netflix's 'Queer Eye' as the interior desig...

Angela Gonzales/Phoenix Business Journal

Bobby Berk’s exclusive deal with fast-growing builder includes Phoenix metro homes

Celebrity interior designer Bobby Berk has entered into an exclusive design and model home collaboration, including in metro Phoenix.

14 hours ago

Sponsored Articles



Thank you to Al McCoy for 51 years as voice of the Phoenix Suns

Sanderson Ford wants to share its thanks to Al McCoy for the impact he made in the Valley for more than a half-decade.

(Photo: OCD & Anxiety Treatment Center)...

OCD & Anxiety Treatment Center

Here’s what you need to know about OCD and where to find help

It's fair to say that most people know what obsessive-compulsive spectrum disorders generally are, but there's a lot more information than meets the eye about a mental health diagnosis that affects about one in every 100 adults in the United States.


Day & Night Air Conditioning, Heating and Plumbing

Company looking for oldest air conditioner and wants to reward homeowner with new one

Does your air conditioner make weird noises or a burning smell when it starts? If so, you may be due for an AC unit replacement.

Big Surf in Tempe, closed since 2019 due to COVID, sold for more than $49M