Pyramid Schemes Central to Memphis Mayoral Race

What do you do with an iconic 20,000-seat arena that no one is using? That's one of the key questions that the candidates for ...
by | October 6, 2009

PyramidArena What do you do with an iconic 20,000-seat arena that no one is using? That's one of the key questions that the candidates for mayor of Memphis are trying to answer.

As the Commercial Appeal reports, leading candidates Myron Lowery and A C Wharton support turning the Pyramid over to Bass Pro:

Lowery has made Pyramid redevelopment a priority for his interim stint as mayor. In his first two months, his administration has been pushing to close a deal -- four years in the making -- to lease the facility to outdoors retail giant Bass Pro Shops.

Chief administrative officer Jack Sammons said the city could be weeks away from signing a development agreement with the Springfield, Mo.-based company, which is paying the city $35,000 a month in rent as a show of commitment.

Candidate A C Wharton, the current Shelby County mayor, is also backing Bass Pro, which has promised to turn The Pyramid into a multipurpose entertainment facility with shops, restaurants, a hotel and a museum.

Josh Goodman
Josh Goodman  |  Former Staff Writer
mailbox@governing.com  | 

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