Council approves city’s purchase of bottling plant at Fairgrounds
Funding includes $2.5 million to buy the 17-acre site and the rest for conversion of space to Liberty Bowl parking spaces and city maintenance facilities.
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Funding includes $2.5 million to buy the 17-acre site and the rest for conversion of space to Liberty Bowl parking spaces and city maintenance facilities.
We’ve learned a few things in the past year. The pandemic made West Clinic doctors aware of the need for a special acute care facility for cancer patients. Overton High’s class of 2021 remembered the 2020 grads who didn’t get a traditional ceremony. Memphis 901 FC showed out in the first no-restrictions home game since March 2020. And the Memphis disco scene is stayin’ alive.
The Monday, June 14, groundbreaking starts with a youth sports complex that is the centerpiece of the $126 million project about where the Libertyland amusement park once stood.
The Tuesday council session includes discussion about proposed home improvement grants, an extension of the contract with the company that runs Liberty Bowl stadium for the city and a delay until June 15 on final votes that would set the city budget and property tax rate.
The state decision Monday clears the way for site preparation to begin immediately at the Fairgrounds, starting with the 227,000-square-foot Memphis Sports and Events Center that is the centerpiece of the $126 million undertaking.
The city would buy the 16.9 acre Coke bottling plant at Southern and Hollywood under a tentative letter of intent council members were briefed on Tuesday, May 18.
‘“Liberty” works in Philadelphia, where Bud Dudley and the Liberty Bowl came from, but it has no unique meaning in Memphis.’
A timetable for the Fairgrounds conversion has the new youth sports complex opening in the fall of 2022.
The April 6, council session includes a vote on $75 million in revenue bonds for the Fairgrounds renovation as well as a vote on the $520,000 contract to explore alternatives to TVA as MLGW’s electric power supplier. And council members review a month of vocal complaints about trash pickup.
The EDGE Board approved an “inducement resolution,” and will later vote to authorize issuance of up to $75 million in Tourism Development Zone bonds to help pay for the $125 million Liberty Park.
The Fairgrounds conversion to Liberty Park got a $4 million boost Tuesday, Feb. 2, to begin some ground work in May as well as to start designing buildings.
Dolly versus Marsha; Christmas lights at Shelby Farms, Memphis Zoo and the Botanic Garden; and Don Bryant’s Grammy nomination.
A 40,000-square-foot entertainment and arcade venue called High 5 has signed a letter of intent to be at Liberty Park. And that doesn’t include High 5’s planned, 25,000-square-foot miniature golf course.
We're used to large-scale alterations underway on sites Downtown, but landscapes are also changing at some promising and high-profile properties farther East.
The city has also signed a letter of intent with Capstone Development for two hotels on the Central Avenue frontage. The founder of Capstone sees a different kind of recovery from the pandemic for the hospitality industry — one led by the families that travel regionally to the sports tournaments that are the financial engine for Liberty Park's public and private uses.