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VOL. 127 | NO. 183 | Wednesday, September 19, 2012

Lone Star Demolition Begins Thursday

By Bill Dries

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The city of Memphis begins demolition Thursday, Sept. 20, of the Lone Star Industries cement terminal at the foot of Poplar Avenue.

The city of Memphis bought the property for $10 million as part of city plans for redevelopment of the area around The Pyramid which is being converted to a Bass Pro Shops super store with other attractions in and around The Pyramid.

Lone Star Industries Inc., which is part of Buzzi Unicem USA, has since moved what it was doing near the south side of The Pyramid to a distribution terminal on Presidents Island where the company already had a presence.

City plans for the acreage include a park-like setting beneath the interstate ramps that along with the Lone Star silos are the dominant feature of the area between The Pyramid and Jefferson Davis Park.

Past city administrations dating back at least to Mayor Dick Hackett had considered buying the riverfront site amidst various plans to convert the riverfront and move it away from its past industrial uses.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 72 206 16,619
MORTGAGES 84 228 21,660
FORECLOSURE NOTICES 21 56 4,322
BUILDING PERMITS 0 209 39,587
BANKRUPTCIES 73 222 15,764
BUSINESS LICENSES 23 51 5,542
UTILITY CONNECTIONS 86 287 23,860
MARRIAGE LICENSES 21 72 5,107

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