The $45 million, 200,000-square-foot entertainment and museum complex is the second phase of Graceland's expansion plans. It will feature a new Elvis Presley career museum, the 'Presley Motors' automobile museum, a 20,000-square-foot 'Graceland Soundstage' performing space/meeting hall, a barbecue restaurant, a 1950s-inspired diner and retail stores. The facility will be five times the size of the current visitors center.
The facility will also feature a permanent exhibition on Sun Records' founder Sam Phillips.
In addition to an appearance by Priscilla Presley, the four-day celebration will include movies in the soundstage and live Memphis music throughout the complex.
The $92 million, 450-room The Guest House at Graceland hotel, which opened last October, represented the first phase of the expansion. The complex is Graceland's most significant expansion since first opening to the public in 1982.