MEMPHIS, Tenn. — The old Memphis Police Precinct on Union Avenue could become a new development with a new hotel.
The property is up for sale after the City of Memphis vacated it last year.
FOX13 Investigates found out there are three bids on the table, but only one is a favorite from the evaluation committee and heading to city council for review Tuesday.
The old MPD Precinct located at 1925 Union Avenue is about 3.6 acres.
FOX13 investigates obtained documents of the recommended bid for city council. Those documents show plans from the Union Station Development Partnership. The project includes an anchor hotel, retail space and apartments. Developers are offering to pay the city $3.5 million for the property.
“That would be nice,” said Memphis resident Alia Burrows. “It would bring more tourism here instead of focused on downtown.”
Some Memphis residents support another hotel in the Midtown area.
Currently, there’s only one - the new Memphian Hotel in Overton Square.
“We can always expand from downtown into midtown,” said Trey Furnas. “It’s a good place to be, a good place for tourists to come.”
But there are concerns about a hotel’s impact on traffic along Union Avenue.
“Then parking, where would they park? Would there be parking there, another garage? What else do they have to knock down for it? And then Union ain’t got no turning lane, so there’s that!” Burrows said.
Others say the increased congestion would be worth it.
“You know, every big city has its traffic,” said Furnas. “I moved from Denver and we had it there. Where big money comes, big traffic comes.”
The documents obtained by FOX13 Investigates show there were two other bids. One from Urban Distinction, LLC and another from Burroughs. Both were offering $2 million for the property.
Memphis City Council will discuss plans for the Union Station hotel project during committee Tuesday.
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