Elvis Presley Enterprises Inc. has purchased property at 3674 Elvis Presley Blvd. from Gary M. Rutherford and Glenn A. Rutherford for $2.1 million. The 3.23-acre parcel contains a former auto dealership built in 1973.
CKX Inc., parent company of Elvis Presley Enterprises, Thursday announced plans to "enhance the visitor's experience in the area surrounding Graceland while preserving the integrity of the original mansion," according to a press release.
Elvis Presley Enterprises Buys Auto Dealership
February 25, 2006 | Other Source:GoogleDan wrote on
February 26, 2006
hey, Let them buy up everything around there. It is pretty crappy around the mansion. Hopefully in about 5 years or so it will be every Elvis fan's "Disneyland" for the king!!! I can't wait to see what they'll do next..GO E.P.E, GOOOOO!
JerryNodak wrote on
February 26, 2006
What they're "up to" is cleaning up and improving the "neighborhood" around Graceland. It needs it.
Crawfish wrote on
February 26, 2006
Totally agree JerryNovak. When you walk down the road you would never believe you are heading towards Graceland. Parts are certainly "dumpy" and I welcome a cleaner, fresher outskirts! Be interesting to watch. The only thing for me is , that I hope they don't completely eradicate any of the local Memphian character! It is a relaxed city and would hate to just see neon everywhere!
jamiecoyne wrote on
February 26, 2006
So, they bought a car lot. I'm sure it brings back memories for Gary Hovey.