One Beale, Downtown parking plan clear key financing hurdles
The final plan for the Grand Hyatt Hotel will likely look different and more “iconic” than this one, developer Chance Carlisle says. (Credit: Cooper Carry)
Memphis City Council members heard about the difficulty of getting financing for hotel projects before approving the financing of a third hotel for One Beale. The set of parking projects nearby had a more complex path to approval.
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Memphis City Council One Beale Downtown Mobility AuthorityBill Dries on demand
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Bill Dries
Bill Dries covers city and county government and politics. He is a native Memphian and has been a reporter for almost 50 years covering a wide variety of stories from the 1977 death of Elvis Presley and the 1978 police and fire strikes to numerous political campaigns, every county mayor and every Memphis Mayor starting with Wyeth Chandler.
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