Tuesday, August 4, 2015

Bass Pro Blasts Through Attendance Projections

Posted By on Tue, Aug 4, 2015 at 10:12 AM

click to enlarge Visitors pour into Bass Pro Shops at the Pyramid. - BASS PRO SHOPS
  • Bass Pro Shops
  • Visitors pour into Bass Pro Shops at the Pyramid.

Turnstiles at Bass Pro Shops at The Pyramid cranked over more than 1 million times since the attraction opened its doors nearly three months ago, the company said in a news release Tuesday.

Nearly 35,000 visitors came through the doors at Bass Pro during its opening night, on April 29. The 1 millionth customer came through the doors on July 8, just 70 days after the opening. Bass Pro officials predicted the Downtown attraction would bring 1 million visitors in a year.

click to enlarge Sunset over Bass Pro Shops at The Pryamid. - BASS PRO SHOPS
  • Bass Pro Shops
  • Sunset over Bass Pro Shops at The Pryamid.
In 2011, Memphis government officials put up $197 million in bonds to retrofit the Pyramid and to redevelop The Pinch District. For its investment at the Pyramid, the city will get a rent payment of at least $880,000 in the first year and $1 million in the years after. Or, the city will get 2 percent of Bass Pro sales every year — whichever figure is larger.

Private companies like Bass Pro don't have to publicly disclose sales figures. But local officials have predicted Bass Pro at the Pyramid to generate $2 million in sales each week. Bond documents in 2011 projected 2014 sales (which was slated to be Bass Pro's first full year open) at $107.2 million.

Keep the Flyer Free!

Always independent, always free (never a paywall),
the Memphis Flyer is your source for the best in local news and information.

Now we want to expand and enhance our work.
That's why we're asking you to join us as a Frequent Flyer member.

You'll get membership perks (find out more about those here) and help us continue to deliver the independent journalism you've come to expect.


Favorite

Comments (3)

Showing 1-3 of 3

Add a comment

 
Subscribe to this thread:
Showing 1-3 of 3

Add a comment

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT

Readers also liked…

Most Commented On

ADVERTISEMENT
ADVERTISEMENT
© 1996-2018

Contemporary Media
460 Tennessee Street, 2nd Floor | Memphis, TN 38103
Visit our other sites: Memphis Magazine | Memphis Parent | Inside Memphis Business
Powered by Foundation