The Memphis Flea Market, also known as “The Big One,” is being forced out of its current home in the Mid-South Fairgrounds in Memphis, Tenn., after a 31-year run at the site. The city of Memphis is going forward with a big development project which is displacing the flea market before its current lease expires in 2012, according to a news report on the Memphis Commercial Appeal Web site.
Although the Commercial Appeal broke the story April 21, flea market owner American Park ’n Swap, a subsidiary of Delaware North, evidently anticipated the move as early as Feb. 3, according to a company press release.
A Memphis city lawyer said that the municipality is working with the flea market to find a new home. According to the Commercial Appeal report, the market is expected to relocate to the Agricenter International, on the edge of Memphis.
A company spokesman told FleaMarketZone that he hoped to release a statement in the next day or two.
This story has been updated. Read more.