Sheraton Hotel gets titleholder
The Memphis City Council on Oct. 2 approved the city’s purchase of the Sheraton for $22 million using $30 million in nonprofit 501(c)(3) bonds. (Mark Weber/The Daily Memphian file)
The affiliate will be tax-exempt and have no legal or financial liability in the city’s transaction.
Topics
Sheraton Memphis Downtown Hotel Downtown Memphis Commission Center City Development Corp.Sophia Surrett
Sophia Surrett is a University of Alabama graduate, where she received her B.A. in news media and M.A. in journalism and media studies. She has been with The Daily Memphian since July 2023, first starting as a business reporter covering various beats. Now, she covers food, restaurants, and hospitality and tourism.
Comments
Want to comment on our stories? If you’re a subscriber, scroll down to the comments. If you’re not a subscriber, only paid subscribers can add their thoughts, so subscribe now. Our commenting policy can be viewed here.