Downtown revenue still recovering from pandemic
The Downtown Tourism Development Zone captures sales-tax growth within most of Downtown Memphis. It was created to pay for the debt issued when the Bass Pro Shops at the Pyramid was being converted from a basketball arena to a sporting-goods retailer. (The Daily Memphian file)
The Downtown Memphis Tourism Development Zone is likely to face another shortfall in next year’s debt payment, though it should be the smallest seen in the past three years.
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Samuel Hardiman
Samuel Hardiman is an enterprise and investigative reporter who focuses on local government and politics. A native Rhode Islander who lives in Midtown, he enjoys tennis, golf and reading.
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