  fedexforum is an arena located in downtown memphis, tennessee. it is the home of the memphis grizzlies of the nba and the ncaa division i men's basketball program of the university of memphis, both of whom previously played home games at the pyramid arena. the arena officially opened in september 2004 after much debate and also a derecho wind storm on july 22, 2003 that nearly brought down the cranes that were building it near the famed beale street. it was built at a cost of $250 million and is owned by the city of memphis; naming rights were purchased by one of memphis' most well-known businesses, fedex, for $92 million. fedexforum was financed using $250 million of public bonds, which were issued by the memphis public building authority (pba). the venue also has the capability of hosting ice hockey games, concerts, and family shows. in 2011, tony allen popularized the term "the grindhouse". a local fan (@hamlin38103) tweeted the suggestion to him and he made it popular. ==design==  fedexforum wa
Basketball_venues_in_Tennessee College_basketball_venues_in_the_United_States Historic_district_contributing_properties Historic_district_contributing_properties_in_Tennessee Memphis_Grizzlies_venues Memphis_Tigers_basketball_venues National_Basketball_Association_venues Sports_venues_completed_in_2004 Sports_venues_in_Memphis,_Tennessee