American media have reported the possible ‘shut down’ of the Midsouth Coliseum in Memphis. The building has fallen in the shadow of the Pyramid and, more recently, FedEx Forum. And while the bones look good, the City loses money on this building every year, roughly $300-400,000. Add to this the fact that it's not in compliance with the Americans with Disabilities Act and you realize that city leaders are faced with a unique problem. Elvis gave his last concert at the Coliseum on July 5th 1976.
Source: Various / Updated: Nov 24, 2006