Memphian proposes turning Mid-South Coliseum into a youth sports - WMC Action News 5 - Memphis, Tennessee

Memphian proposes turning Mid-South Coliseum into a youth sports complex

(SOURCE: WMC Action News 5) (SOURCE: WMC Action News 5)
Brian Saulsberry (Source: Facebook.com/brianlsaulsberry) Brian Saulsberry (Source: Facebook.com/brianlsaulsberry)
MEMPHIS, TN (WMC) -

A Memphis businessman spoke to Memphis City Council about the future of the Mid-South Coliseum.

The building has been out of use for 10 years, but Brian Saulsberry has a plan to revitalize the iconic building.

Saulsberry said he wants to turn the coliseum into a multi-use sports complex geared toward youth sports. He said his plan will cost $23-33 million dollars.

The transformation would include putting a bowling alley, museum, and 5,000 seat venue into the Mid-South Coliseum.

City Council members said they thought the plan would conflict with a non-compete clause the city currently has with FedExForum. Councilman Martavious Jones said that non-compete would be void if Saulsberry purchased the building.

Saulsberry said he is now working on a plan to purchase the building. He said he'll put together another plan and have it ready for council members by next week.

Saulsberry is the CEO and Chairman of DSG Commercial, a real estate and asset management company that specializes in commercial properties. 

Wiseacre Brewery previously presented a plan for taking over the Mid-South Coliseum. Wiseacre said it is still interested in turning the venue into a brewery.

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