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 ...
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.
We invite you to discuss and comment on this article using social media.
In Property Rights Case, U.S. Supreme Court Sides With Government4 hours ago
Senate Health Bill Would Shift Medicaid Costs to States and Let Them End ACA Guarantees8 hours ago
U.S. Officials: Russians Targeted Election Systems in 21 States9 hours ago
The Only U.S. State 'Where No Doesn't Mean No' and Women Can't Take Back Consent Once Sex Begins9 hours ago
Appeals Court Reinstates Anti-LGBT Law in Mississippi9 hours ago
4 Anti-LGBT States Added to California's Travel Ban9 hours ago