Graceland area redevelopments on track

By Anna Marie Hartman - bio | email

MEMPHIS, TN (WMC-TV) - A day after it was announced that the Pyramid may have a new tenant next year, there's word from Whitehaven that the redevelopment of the Graceland area is right on track.

For Elvis lovers around the world, visiting his home is the ultimate experience.  However, the sights and sounds around Graceland are not as flashy as the man who lived in the mansion.

"Kind of location ... you wouldn't expect," said Sue Maynor of Dallas.

Entertainment mogul Robert Sillerman said in 2006 that changes were coming.

"Graceland will no longer be a house tour, it will be a thematic attraction," Sillerman said at the time.

The theme along Elvis Presley Boulevard has not changed since Sillerman bought 100 acres around Graceland in 2004.

Memphis City Councilman Harold Collins said he understands why the billionaire has been slow to carry out his plan.

"When you're talking about spending $250 million plus of your own money, you want to make sure that you put a real good product out there," Collins said.

Collins, who lives just two blocks from Graceland, met with Sillerman Wednesday.

"I got a commitment that he intends to follow through on developing the area," Collins said.

Collins was not given a timetable or illustrations but he said plans are moving forward and a groundbreaking announcement could come soon.

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