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.
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
Immigration Ruling Also Blocks Some States' Health Policies2 days ago
Supreme Court Deadlock Halts Obama's Immigration Plan20 hours ago
In Round 2, Supreme Court Upholds Affirmative Action20 hours ago
Cop Who Drove Van in Freddie Gray Case Acquitted of All Charges21 hours ago
Cleveland's GOP Convention Rules Unconstitutional1 day ago
Execution Drug Secrecy Law Upheld in Arkansas1 day ago