Memphis council backs part of Graceland expansion
Memphis City Council members have approved part of a plan for a $75 million expansion project at Elvis Presley’s Graceland.
Tuesday’s vote was related to a plan to provide tax incentives for expansion of the Presley-themed tourist attraction.
Graceland seeks government incentives to expand its hotel and build retail space, cabins, a recreational vehicle park, and other additions.
The deal doesn’t include soundstages that could act as concert venues.
City officials were concerned the stages would put Graceland in competition with Memphis’ main concert venue, the FedExForum.
Graceland wants incentives to build a separate, 6,200-seat concert arena. A lawsuit about the concert venue is ongoing.
The vote allows Memphis to ask state officials to amend a Tourism Development Zone plan to include Graceland’s expansion.