There’s a change in tune from leaders at Elvis Presley Enterprises.
In an update to the Memphis city council Tuesday, Joel Weinshanker from EPE said he’s now open to setting aside a proposed 6200-seat arena as part of a planned Graceland campus expansion so the other portions can get built.
That arena piece is part of an ongoing lawsuit tied to FedExForum’s non-compete clause.
EPE also wants to add a manufacturing facility, soundstage, and stores with the help of tax incentives.
“We are looking to do all the things that is great for everyone in Memphis to do and get the city government to say ‘without the arena on the side, there is no issue,’” says Weinshanker.
“If we can set that aside successfully and move forward with the other elements of the development independently, I think then that’s the best immediate path forward,” says City of Memphis Chief Operating Officer Doug McGowan.
It could take several years for the courts to rule on FedExForum’s non-compete agreement for new performance venues in Shelby County.
