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Re: “Who Owns Beale Street?

Oops, I wanted these words from the article that appears as the Hyperlink to be in the box-

..."With the help of the former Cassius Clay, Miller began trying to revitalize the neighborhood in 1979 by opening a movie theater, the Mohammed Ali Cinema. By 1982, the city of Memphis leased the Beale Street Historic District to the development company for $10 million in federal grants.

The development company signed a 52-year sublease on all of the Beale Street property from 2nd to 4th Streets (with the exception of BSDC office space and the Old Daisy building) with the Elkington & Keltner company to maintain the common areas (sidewalks, street, parking lots), hold and promote special events in street, and act as the landlord for buildings and business in the district.

Beale 1983Beale Street as it looked to John Elkington in 1983.
When manager John Elkington came to Beale, his first impressions were of a war zone. The former Vanderbilt University linebacker still has a picture of the fenced-in street covered in sand, surrounded by boarded-up buildings.

Seven years later, Elkington wrote a letter to a city official which appeared in the Memphis Commercial Appeal that said the city-owned Beale Street district should be sold to private owners upon renovation to help recoup the $13 million in public money invested in the project..."

Posted by C3 on 11/10/2009 at 3:58 PM

Re: “Who Owns Beale Street?

This might help: http://www.southerner.net/v1n4_99/socultur…

Posted by C3 on 11/10/2009 at 3:55 PM


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