MEMPHIS, TN (WMC) - City of Memphis reopened the planning process in regards to the future of the Mid-South Fairgrounds for the first time in two years.
In a news release, the city called the fairgrounds "the significantly underutilized 155-acre site in the heart of Memphis."
"The Fairgrounds is a historic site in the middle of our city that means so much to many Memphians, which is why it's important that we harness its full potential," Memphis Housing and Community Development (HCD) Director Paul Young said.
The city said it's building upon the research, vision, and planning that's already been done to develop a comprehensive plan for the site over the next few months.
It will then submit an application to the state of Tennessee for a Tourism Development Zone that would provide a portion of the funding needed for the redevelopment plan.
"This is the final step," Mayor Jim Strickland said. "Our goal is to have an application to the city council and the state of Tennessee by the end of the year."
HCD will hold public meetings beginning Aug. 10 from 5-7 p.m. at the Kroc Center, which is located at 800 E. Parkway South.
Two additional meetings are scheduled for Sept. 21 from 5-7 p.m. and Nov. 6 from 5:30-7 p.m. Both of those meetings will also take place at the Kroc Center.