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 reporter who focuses on government and politics. He began his career at the Tulsa World where he covered business and K-12 education. Hardiman came to Memphis in 2018 to join the Memphis Business Journal, covering government and economic development. He then served as the Commercial Appeal’s city hall reporter and later joined The Daily Memphian in 2023. His current work focuses on the intersection of government, public policy, influence and how public dollars are spent.
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