Graceland requesting revenue bonds for museum, retail, restaurant expansion

Elvis Presley Enterprises Inc. is planning to take out $22 million in debt for an expansion at Graceland.

Jack Soden, president and CEO of Elvis Presley Enterprises Inc. (EPE), filed an application for revenue bonds with the Economic Development Growth Engine (EDGE) for Memphis & Shelby County, made publicly available Friday.

The Graceland expansion project request is for municipal bonds to fund 90,000 square feet of additional “museum, food and beverage and retail opportunities.”

Tax parcels…

Source: Arizona Business Journal