Liberty Park tourism zone collected zero dollars last year
The district’s growth is intended to pay off the Memphis Sports and Event Center’s $100 million debt.
There are 66 article(s) tagged Liberty Park:
The district’s growth is intended to pay off the Memphis Sports and Event Center’s $100 million debt.
The planned $112.5 million private development High 5 could transform Liberty Park, formerly known as the Mid-South Fairgrounds, and bail the City of Memphis out of an underwater wager.
Liberty Park, formerly known as the Mid-South Fairgrounds, could see a broad transformation in the coming years with $112.5 million in private development now cleared for takeoff.
The City Council also could take final action on ground leases for the planned development at Liberty Park. The leases for an entertainment venue, hotel and apartments would bring much-needed sales tax to the Liberty Park Tourism Development Zone.
Further development at Liberty Park took a key step forward Tuesday: A City Council committee approved the up-to $112.5 million project that could change Midtown.
Memphis City Council will consider a November ballot question that will impact the city’s suburbs and separately, the future of Liberty Park.
“This is a 100-year deal ... The city has to stop doing bad deals,” said Memphis City Councilman Chase Carlisle about development at Liberty Park.
The council takes the second of three votes Tuesday, May 21, on raising the city’s monthly solid-waste fee and decides six wages disputes between the city administration and labor unions.
BBQ Alley is perfect for those World Champsionship Barbecue Cooking Contest attendees who aren’t part of, or friends with anyone on, a competition team. Related story:
The Memphis in May World Championship Barbecue Cooking Contest is officially underway, with 129 teams from 22 states and four foreign countries vying for the crown.Related stories:
The administration of Mayor Paul Young wants the council to take the first of three votes Tuesday, May 7, on a $6.98 increase in the solid waste fee. The administration also will outline changes it would make to garbage collection with the increase.
High 5 would build an entertainment facility that would include a full-service restaurant and bar with bowling, video games and laser tag.
The Memphis in May event at Liberty Park will also have celebrity pitmasters doing cooking demonstrations and 129 teams from 22 states and four foreign countries competing for barbecue honors.
The Saturday parade and block party on Tiger Lane is one of four events in three days that includes Paul Young taking the oath of office as mayor of Memphis Monday at the Cannon Center.
The city’s Liberty Park bonds are underwater. Documents show just how busy the Midtown Kroger and nearby Chick-fil-A are and how much they mean to the Liberty Park Tourism Development Zone.
Memphis is betting big on Liberty Park, but public records show a big shortfall in covering that bet.
More than three-fourths of those who participated in an email survey said they want to move Memphis in May’s annual barbecue contest to Liberty Park.
The council is challenging the administration on the delayed development that is a key part of financing the remake of the Fairgrounds to Liberty Park and what it sees as hesitation in an expansion of the council’s office space at City Hall.
An estimated 30,000 motorcyclists are gathering at Tiger Lane for the 46th National Bikers Roundup at Liberty Park. The event was organized by several Black motorcycle clubs. Two fatal crashes occur at same intersection outside biker conventionRelated story:
Within a few hours, four men died in two separate collisions near Tiger Lane outside the National Bikers Roundup at Liberty Park.
“This project will be one of the largest African American-led real-estate projects in the city’s history since the days of Robert R. Church,” the local developer wrote in the team’s PILOT application.
The City of Memphis needs new development within the Liberty Park Tourism Development Zone to begin paying the debt on projects such as The Memphis Sports and Events Center. The problem: The city hasn’t collected a dime of the financing yet.
City Council members got their first look Tuesday, April 11, at the city’s ground lease with Capstone for the commercial and multi-family frontage along Central Avenue. The council votes on the 30-year lease in two weeks.
The call comes as Memphis Mayor Jim Strickland has called for a $52-million, 10,000-seat soccer stadium to be built on the city-owned land where the Coliseum now stands.
This week, Black Lodge serves a “Nope”-themed dinner, New Edition gets the band back together and artist Harmonia Rosales’ exhibition opens at the Brooks.