Strickland says One Beale ‘backstop’ is too much risk

By , Daily Memphian Updated: July 15, 2022 4:00 PM CT | Published: July 15, 2022 3:26 PM CT

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.

Related story:

City Council approves financial ‘backstop' for Grand Hyatt


One Beale Mayor Jim Strickland

Bill Dries on demand

Never miss an article. Sign up to receive Bill Dries' stories as they’re published.

Enter your e-mail address

Bill Dries

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.


Want to comment on our stories? Or read the comments of others? Join the conversation by subscribing now. Only subscribers can view or add comments. Our commenting policy can be viewed here