Subscribers only

Where the Grand Hyatt deal went wrong

Developer announces immediate shutdown of One Beale’s Grand Hyatt

By , Daily Memphian Updated: November 07, 2022 3:46 PM CT | Published: November 07, 2022 3:25 PM CT

Internal city documents show that the Strickland administration and leaders at the state level were increasingly uneasy about the debt the city was taking on for the One Beale project — despite the economic benefits. 


Carlisle Corp. Grand Hyatt One Beale Mayor Strickland Downtown Memphis Subscriber Only

Thank 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.

Neil Strebig

Neil Strebig

Neil Strebig is a chef turned journalist covering economic development and commercial real estate for The Daily Memphian. He grew up in Pennsylvania and has worked at media outlets including the York Daily Record/USA Today Network and most recently as Report for America Corps Member with Lookout Santa Cruz. He is a graduate of Point Park University in Pittsburgh.


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