MEMPHIS, TN (WMC) - It has been 10 years since any events took place inside The Mid-South Coliseum, but now there's hope that new life could come to the historic building.
Wiseacre said it is interested in the space, but admits other locations are also in the running.
Thomas Carrier now oversees the coliseum, the Liberty Bowl, and the fair grounds. Monday he gave WMC Action News 5 a look inside the coliseum.
"From a mechanical standpoint, it's going to have to have a complete overhaul: plumbing, lighting, HVAC, heating, etc. Like, it's just…it's done. Um, the structure of the building is fine, though," Carrier said.
The iconic building once hosted kings like Elvis and Jerry Lawler, stars like the Rolling Stones, and athletes like those who played on the Memphis Tigers basketball team before 1991. However, the building now hosts nothing more than dust and mold.
Carrier said there's asbestos and black mold growing throughout the building. He said it's going to cost $20-30 million to clean all that out of the building--a project that must be done before anyone opens for business.
Wiseacre Brewing has declined requests for interviews. The company did say it is very interested in transforming the coliseum.
Carrier speculated that the brewing company might be planning to set up shop in the center of the building and then lease out the concourse to other businesses--effectively creating a small shopping center or marketplace.
No matter what Wiseacre's actual plans for the building are, Carrier just hopes they--or some other company--can revitalize the building that created so many memories for Mid-Southerners.
"It's disheartening to sit there and say I remember when I was a kid and I went and saw the Tigers play. I remember Elliott Perry beating Louisville in the building. Or I remember seeing this show or that show. So, yeah. But, I think the future is bright for this building," Carrier said.