EPE plans a NEW Concert Venue - Get Ready for More Fees and Price Hikes!
Get ready folks to shell out EVEN More Money when visiting Graceland! According to The Memphis Biz Journal , " EPE is planning a permanent concert venue that would be the second-largest in Shelby County. Initial plans call for a $40 million to $50 million, 6,200-seat facility with a half-arena format and light and sound technology to host concerts, graduations and basketball tournaments. With that seat count, if it's an indoor facility, the Graceland arena would fall between the 20,000-seat FedExForum and 2,500-seat Orpheum, said Jay Campbell, a transaction law attorney and partner in charge of the Memphis office of Adams and Reese, on behalf of Elvis Presley Enterprises (EPE). The outdoor Mud Island Amphitheater has about 5,000 seats. Based on conversations with LiveNation and other concert promoters, EPE estimates it can bring at least 50 events each year to the new venue. When EPE approached the Memphis City Council in 2014 about transforming its campus (