Graceland, the former home of Elvis Presley which is now a famous tourist attraction in Memphis, Tennessee, had hoped to begin hosting non-Elvis related concerts by this point in 2019, but the City Council continues to put a damper on the expansion plans initially announced by the guitarist’s estate late last year.
Elvis Presley Enterprises had planned on teaming up with concert promoter Live Nation to produce concerts on the property, which would range from well-known legacy artists to emerging talent. To do so, the grounds would need a sizable expansion costing EP Enterprises a pretty penny. Presley’s Memphis entertainment complex already features a 2,000-capacity Graceland Soundstage, and with another 464-capacity theater located inside the Guest House at the Graceland Hotel.
According to reports, City Council members in Memphis, have postponed a vote to approve tax incentives for the $100 million expansion project for the fifth time. Council members are reportedly concerned that an improved and expanded concert schedule at Graceland would put up too much competition to the FedExForum, Memphis’ current main concert venue.
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. Graceland even left the soundstage part out of their latest proposal, rather stating they would use the incentives to build a new “auxiliary building.”
As of Wednesday, Memphis City Council members want more time to review the tourist attraction’s latest proposal.
The post Memphis City Council Continues Delay On Graceland Venue Expansion appeared first on L4LM.