|From the MBJ: Prince Mongo's Planet to be converted into boutique hotel|
|Friday, July 06, 2007|
|In this print edition of this week's Memphis Business Journal, there's an article about plans for the space formerly occupied by Prince Mongo's Planet, a nightclub of the 1990s where 14-year-olds could go to get a beer and mingle with belligerent Navy recruits. A developer has a contract on the building and plans to renovate the building (56-60-62 South Front) into an upscale boutique hotel with 34 rooms. It will be called the Grade Hotel. |
Furthermore, there will be meeting rooms, a restaurant, a coffee shop and a BOOKSTORE(!!!!) on the ground floor. The developer is hoping to attract students from the U of M law school, which will be moving downtown in 2009, as well as students from nearby medical, dental, and optometry schools, to the coffee shop. He hopes to have clean-up crews in the building by September. The hotel's grand opening could happen as little as 18 months from then, with the ground-floor businesses open sooner.
Great news for Downtown! Unless you're a freshman in high school and were hoping Mongo's would reopen so you'd have a place to drink.
|posted by Paul Ryburn|