Top 5 City Council votes of 2022
The Memphis City Council Scorecard puts votes on proposals to change how city leaders are elected and votes on public financing of a convention center hotel at the top of key votes in 2022.
There are 14 article(s) tagged convention center hotel:
The Memphis City Council Scorecard puts votes on proposals to change how city leaders are elected and votes on public financing of a convention center hotel at the top of key votes in 2022.
The city changed the terms of the $10 million grant/loan after running into accounting rules that would have required the city to list the amount as a long-term liability on its financial statements.
The council approved the original deal of what amounted to a $10 million advance on the city’s lease of convention meeting space in the Grand Hyatt — the third of three hotels at One Beale — in September on a 10-0 vote.
Council members had questions about whether the financing sets a precedent now that the owners of the Downtown Memphis Sheraton have plans to add several hundred rooms to the original convention center hotel. Downtown board proposes One Beale resolution for $95M in bondsRelated story:
At stake is the financing for the last of three hotels at the One Beale development that together would serve as a second convention center hotel.
The economic development items are part of a council agenda that could see the formal end of a city-county consolidation bid and the end of council discussion of police and fire residency requirements.
The Loews Hotel plan would replace the back part of the historic Central Police Station with meeting and event, delivery and parking spaces.
A revised, larger site plan for the Loews convention center hotel shows that the back of the historic Central Police Station would be replaced or retrofitted to support the 500-room hotel. Memphis Heritage opposes any demolition there "at this time."
A new request for a special use permit has been submitted for approval now that Loews Hotel & Co. has added the historic police station property to its site plan.
The 500-room hotel would rise on 1.7 acres, where the Civic Plaza now offers fountains and benches across from City Hall.
On "Behind the Headlines," the CEO of Memphis Tourism predicts growth in hotel rooms and other convention amenities, beyond the current ongoing legal battles.
Rulings are pending in Davidson County Chancery Court on a variety of dismissal motions in a Downtown Memphis Sheraton lawsuit challenging incentives for a proposed Loews Hotel.
The owner of the long-vacant, 108-year-old Central Police Station Building has a Plan A and Plan B for renovating the historic Central Police Station Building at 128 Adams. Which plan is used depends on how the legal dispute over the convention center hotels is resolved.
A letter of intent signed Tuesday replaces one being pursued for a joint development by Loews and THM. THM wants to build the second convention center hotel at a restored 100 North Main Building.
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