In October 2005, media speculation began to focus on an aquarium or a Bass Pro Shops superstore as the most likely long-term tenants of the arena. In 2008, the city and Bass Pro Shops reached a "tentative" agreement, short on details, but based on an intent to develop the then-abandoned structure. On June 30, 2010, after 5 years of negotiating, Bass Pro Shops and the City of Memphis signed an agreement for a 55-year lease for a Bass Pro Shops megastore. In addition, the redevelopment plans include revitalizing the Pinch District, which is the neighborhood east of the Pyramid. The city invested $30 million and hired O.T. Marshall Architects to help with the seismic retrofitting of the structure which was funded by sales tax revenue in the surrounding area. O.T. Marshall and Insight Design Architects was later hired by Bass Pro Shops for its renovations and construction, leading to its opening April 29, 2015. Construction was completed by W.G. Yates & Sons Construction Company.