Home MidSouth Home MidSouth News Pyramid arena gains interest from Memphis Church

Pyramid arena gains interest from Memphis Church

Written by Chronicle Staff Report

Saturday, 02 August 2008

MEMPHIS, Tenn. - The 32-story pyramid-shaped arena sitting empty on the riverfront in Memphis, Tennessee, once held sports and concert fans. Now, a local church wants to fill it with worshippers. The Cummings Street Missionary Baptist Church is offering $12 million for the Memphis Pyramid. Pastor Gary Faulkner says his 5,000-member congregation is strapped for space and now holds five Sunday services at three different locations. Opened in 1991 at a cost of $65 million, the Memphis Pyramid never lived up to financial expectations. The city and county still owe more than $8 million on the building. But Robert Lipscomb, director of city efforts to find a new use for the Pyramid, suggests that Memphis would reap greater economic benefit if it can be sold to a business instead of a church. Add as favourites (45) | Quote this article on your site Be first to comment this article Only registered users can write comments. Please login or register. AkoComment © Copyright 2004 by Arthur Konze - www.mamboportal.com All right reserved

Last Updated ( Saturday, 02 August 2008 )

 

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