Quote:
Originally posted by Degrees
Turns out Memphis, TN has a similar problem. The city built a pyramid shaped basketball arena on the bank of the Mississippi, and it too is sinking into the water. The debate right now is what to do? Scrap $50 million? Or kludge some sort of fix? I am told that the city was warned by the U.S. Army Corp. of Engineers that this would happen. But did they listen?
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The Grizzlies are supposed to be moving to Memphis, and will be playing in the Pyramid until a new arena is built. Now, the Griz do not want a new arena because of this mess...but b/c the NBA says the Pyramid is not up to NBA standards. Now wait...this building is 10 years old, and will not be paid off for 15 more years...yet it is sinking AND not up to NBA snuff? Geez...