Memphis City Council says yes to $30M Sheraton deal
The City Council toured the aging hotel to see dilapidated rooms that the current owners wouldn’t pay to fix.
The City Council toured the aging hotel to see dilapidated rooms that the current owners wouldn’t pay to fix.
Council members discuss the Sheraton convention center hotel deal in committees Tuesday, Oct. 1. They will also vote on new city-backed funding for the 100 N. Main mixed reuse project.
Also happening this week: The City Council may take up the Sheraton deal, and Coach Silverfield talks at the Touchdown Club.
“This bold action will help save lives and protect our neighborhoods from the devastating effects of gun violence,” Mayor Paul Young wrote in a post on Instagram.
The funding is for work on Elvis Presley Boulevard between Winchester and Craft roads, a stretch that takes in the segment of the state highway that borders Graceland and The Guest House at Graceland hotel.
Chase Carlisle said the council could use its rarely used subpoena power to seek financial records from MATA in the coming weeks.
The Renasant Convention Center’s general manager said the convention center would be “like a racecar without wheels” without the hotel.
Memphis Mayor Paul Young said he felt “very compelled” to purchase Downtown’s Sheraton because of the financial risks associated with not buying it. Related content:
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Planned improvements at AutoZone Park will help the Memphis Redbirds meet Major League Baseball’s Professional Development Leagues standards.
The City of Memphis has not yet transferred Simmons Bank Liberty Stadium to the University of Memphis.Related content:
Memphis Mayor Paul Young said the city wanted to find a creative way to redevelop the hotel in an interview Monday, Sept. 23.
The council will review Tuesday, Sept. 24, a camera system for police to respond to traffic tie-ups and crimes in real-time as well as a plan for a family shelter on the old Manassas High School site.
“The future of the Grizzlies might be caught up in the ongoing fight over the gun referendum. For Memphis, it’s a dangerous game to play.”
Also happening this week: Nine new inductees will join the Memphis Music Hall of Fame.
The City of Memphis and the Grizzlies are eyeing widespread security enhancements and changes Downtown.
Shelby County Commissioners will also vote at their Monday, Sept. 23, meeting on a consulting contract to assist with the master plan for the city’s hip-hop museum.
Memphis Mayor Paul Young and members of the Blight Zero team filed into a bus and rode to the sites of several active or recent demolitions on Friday, Sept. 20.
The City of Memphis is readying $16 million in bonds to subsidize a two-part project that includes parking at 100 N. Main and renovations at AutoZone Park Downtown.
The mayor’s comments about governance come after MATA has laid off employees, is weighing route closures, and has faced weeks of headlines about its negative financial worth.
On “Behind the Headlines,” Memphis City Council Chairman JB Smiley Jr. said the body would likely sue if the Tennessee Legislature attempted to withhold sales-tax revenue from the city.
Memphis Mayor Paul Young met with around 150 people at his latest town hall at the McWherter Senior Center in East Memphis.
Mike Cody represented Martin Luther King Jr. in court, helped found Memphis Area Legal Services and was one of the people behind Breakaway Running.
Also happening this week: The Shelby County assessor’s office explains the upcoming reappraisal process.
California-based Merkle Standard is at least the second digital operation to locate in Memphis in recent months, following Elon Musk’s xAI.