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.
Topics
Subscriber Only Bass Pro Shops at The Pyramid Renasant Convention Center Downtown Memphis Tourism Development ZoneThank you for supporting local journalism.
Subscribers to The Daily Memphian help fund our not-for-profit newsroom of nearly 40 local journalists plus more than 20 freelancers, all of whom work around the clock to cover the issues impacting our community. Subscriptions - and donations - also help fund our community access programs which provide free access to K-12 schools, community organizations, and more. Thank you for making our work possible.
Samuel Hardiman
Samuel Hardiman is an enterprise and investigative reporter who focuses on local government and politics. A native Rhode Islander who lives Downtown, he enjoys tennis, golf and reading.
Want to comment on our stories or respond to others? Join the conversation by subscribing now. Only paid subscribers can add their thoughts or upvote/downvote comments. Our commenting policy can be viewed here.