Here’s where the $550 million for FedExForum renovations is coming from
FedExForum is scheduled for a $550 million renovation. (Patrick Lantrip/The Daily Memphian file)
Planned FedExForum renovations could take place throughout seven to 12 years, according to documents obtained by The Daily Memphian and sources close to the deal.
Draft funding documents and people familiar with the matter who spoke to The Daily Memphian make clear that Memphis and Shelby County governments have scoured their proverbial couch cushions for the $550 million.
This is an excerpt of this story. To read more, please click here and subscribe.
Topics
Subscriber Only FedExForum Memphis GrizzliesThank you for being a subscriber to The Daily Memphian. Your support is critical.
As a 501(c)3 nonprofit news organization with a hybrid business model, we rely on a mix of revenue from subscriptions (50%), advertising, events and miscellaneous earned income (25%) and fundraising (25%).
Please consider making a fully tax-deductible donation or other contribution to The Daily Memphian today.
👉 Your subscription pays for you to read all our journalism.
👉 Your donation powers the work we do to reach everyone else with the news.
We believe an informed Memphis is a better Memphis. If you agree, join our growing list of donors now.
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.
Comments
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.