We are on track to sell out at 15,000 as tickets are flying out the door every day.
"We are bringing to Whangamatā and surrounding areas huge benefits to local business - potentially $750,000 will be spent locally by concert-goers and we're making a donation to Whangamata Area School.
"Over 50 local people will be directly employed by the festival and 500 total employees, that's not including the accommodation booked by concert goers in Whangamatā, Onemana, Waihi, Pauanui, Whiritoa, Thames, Whitianga and beyond."
Mr Spence will work with Whangamatā's Manolo Echave, who has been representing Joe Adams for his resource consent applications and is the event producer for The Other Side festival.
Last year the event was organised by Denis Beaver of Whangamatā, along with Mr Echave.
Mr Spence said jobs are available for locals and already 50 people have been employed from the immediate area.
He says by taking people out of the town and into a controlled environment, the festival minimised the risk the town would face if there was a New Year event in Williamson Park.
"Four years ago in Williamson Park there were helicopter evacs of intoxicated patients, over 200 attended to by St John.
"Joe's Farm, as per the commissioner's report, is about creating a safe entertainment venue away from the urban area of Whangamatā. It's giving locals and the surrounding area's visitors an entertainment option that is safe and well managed."
A commissioner's hearing for a liquor licence was held earlier this month and the licence was granted, with strict conditions.
The event will be cashless, and all patrons will be wearing a RFID wristband that can be loaded with cash to buy food and alcohol. It can be electronically deactivated to prevent alcohol purchases by anyone deemed to be intoxicated and it will flag to the seller when a purchaser has made four purchases of alcohol, Mr Spence said.