Beale Street Landing - FOR RENT

WMC TV reports a change at Beale Street Landing. It now joins River Terrace and Harbor Landing as the 3rd troubled riverfront restaurant to become a private banquet and party facility.

All three riverfront restaurants were built primarily with City money, are owned by the City, and are operated by the Riverfront Development Corporation.  Any income from the three goes to the RDC, not back to the City.

In addition, the City pays the RDC a management fee - for next year the Administration proposes to pay them $3M, which the City Council Budget Subcommittee voted to approve.

'Unexpected high demand' for RDC restaurant space - Action News 5 - Memphis, Tennessee Action News 5 - Memphis, Tennessee