Lisa Marie has just posted the following on her Twitter Account:
Exciting news:I wanted 2 b the first to tell U: The Planes will remain at Graceland 4 ever! We own them and have fun plans 4 them as well
Further news:
Reached Sunday, Jack Kendall of OKC Partnership, which owns the planes, would not comment, saying only that “I believe Graceland has a press release about it.”
Kendall had previously tried to sell the planes through a Beverly Hills auction house, which estimated their value at between $10 million and $15 million.
Graceland officials did not return phone calls seeking comment Sunday. Officials there have plans to build a 450-room hotel as well as an entertainment complex, which, they have said, necessitated moving the airplanes.
Earlier this month, Kendall submitted a plan to the Land Use Control Board to display the planes on a 5.3-acre lot at 3850 Elvis Presley Blvd., which was once home to Covenant Presbyterian Church. The LUCB sent the project to the City Council with a recommendation for approval; the Council has yet to hear the matter.
Brian
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