Strickland says One Beale ‘backstop’ is too much risk
The Grand Hyatt hotel would include 365 hotel rooms, 36,000 square feet of meeting and event space and one restaurant. (Rendering courtesy Carlisle Corp.)
Memphis Mayor Jim Strickland says the city has offered more incentives for the proposed Grand Hyatt hotel at One Beale “than any other development in the history of the city.” He also questioned why One Beale developers didn’t go to the bond market sooner.
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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 more than 40 years.
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