Memphis City Council postpones Graceland expansion vote

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MEMPHIS, TN – DECEMBER 16: Elvis Presley’s Graceland estate is seen December 16, 2004 in Memphis, Tennessee. Robert F.X. Sillerman and Elvis Presley Enterprises (EPE) announced December 16 the pending sale of an 85% stake in EPE, which will include all naming rights, intelectual property, archival documents, operations of Graceland and surrounding properties as well […]

MEMPHIS, Tenn. (AP) – City Council members in Memphis, Tennessee, have again postponed a vote on an expansion project at Elvis Presley’s Graceland.

Council members on Tuesday agreed for the fifth time to delay a vote related to a plan to provide tax incentives for a $100 million expansion of the Presley-themed tourist attraction.

Graceland seeks government incentives to help build retail space and a recreational vehicle park, and to expand Graceland’s hotel.

Graceland also had been seeking to add soundstages that could act as concert venues.

Council members have been concerned that the sound stages would put Graceland in competition with Memphis’ main concert venue, the FedExForum.

Graceland this week offered a new plan without the soundstages but adding a new “auxiliary building.” Most council members wanted more time to review the new plan.

(Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
 

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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