Good Morning, Mayor:
Contrary to perceived writings in the local media, I was very happy to learn that you are open to a highest and best use for Coliseum.
Here is my game plan:
Please consider selling the facility and its parking lot to WiseAcre Brewery, which is currently located at 2743 Broad. The financial weight behind the Brewery is Mr. Frank Smith.
The price would be $1.
Due Diligence period of 120 days. This would give Frank's Engineers ample time to make sure the building when modified will work.
He would employ about 100 people initially if he opened his enlarged Wiseacre Mfg. Facility and grow to double that number in about 3 to 5 years. The capitol [sic] investment would be in the millions and create construction jobs as well.
Secondary use would be to create a Tourist attraction. High glass walls and observation decks to overlook the manufacturing would be a great draw. a mini museum of Memphis Wrestling and a separate one featuring all the artists that performed at the Coliseum.
In addition, an effort should be made to assist the owners of the Lisa Marie and its Sister plane. In moving the two aircraft to be placed on either side of the main entrance to the Coliseum. Graceland has given the ownership group that owns the two planes...til April 27 to move them off their grounds.
As you are aware I love our City and really would be sad along with thousands of others who attended musical concerts and Monday Nite Wrassling and Jerry the King....Bill Dundee...Lance Russell...Elvis in Concert...Danny Thomas and St. Jude Telethons; the list goes on and on!..to see it torn down!
Frank is willing to put his money where his mouth is and I hope you will allow this idea and proposal to move forward immediately.
Let me know how we can move forward .