[Cider Jim]

I read that too, Fumble.

[Sly Fox]

I see where you are going, fumbles. But Art has been out of the insurance game a long time. And I can tell you from firsthand experience that insurance companies have had to be become more aggressive in their investments as most Americans have shifted away from term insurance toward investing int he market. So it could be any company.

[badger74]

My first big real estate job with was the RE arm of Prudential. At that time Pru was the largest RE investor in the US doing investments, mortgages and development. In the early 90's after the market slump this was cut way back. Equitable also had a large RE investment group. They are both still active but much smaller.

[El Scorcho]

Lowe's Food. Completely different from Lowe's Hardware. They used to be run out of Wilkesboro, NC but after NASCAR left the speedway and a lot of the money in the town left, they packed up and headed to the Lake Norman area.

You're talking about Lowe's Home Improvement with the move out of Wilkesboro, correct? Just trying to clarify.

[SuperJon]

Yea, that's what I meant. My bad. I got em mixed up that time. They moved because the Wilkes County school board wouldn't put money into the school system. They offered to pay a million bucks to get the schools upgraded for their employees, etc but the bass akwards way Wilkes County works didn't do it.

[Sly Fox]

Officials discuss Crossroads Colonnade concerns

By Sarah Watson
swatson@newsadvance.com
August 21, 2007

Final concerns about rezoning land for Crossroads Colonnade were discussed Monday during a brief work session between Campbell County supervisors and planning commissioners.

The 200-acre mixed-use development is planned for land currently owned by Liberty University near the intersection of U.S. 29 and U.S. 460.

Click Here for Full Story

[Sly Fox]

And the usual Lynchburg progress ...

City planners delay Crossroads Colonnade vote

By Matt Busse
mbusse@newsadvance.com
August 22, 2007

Lynchburg’s Planning Commission on Wednesday postponed weighing in on a 3.6-acre piece of the planned Crossroads Colonnade shopping center that falls within city limits.

Developers are planning the 186-acre shopping center on land owned by Liberty University that mostly is in Campbell County.

Click Here for Full Story

[ATrain]

*sigh*-I wish they'd hurry this thing up and get it built already

[El Scorcho]

Note that this time it's Lynchburg holding things up, not Campbell County. It's a 186 acre project, 18 of which are in Lynchburg, but the city is going to have to do full assessments as if the entire thing were in city limits.

They might get around to voting on it by Christmas. Maybe.

[LUconn]

If I'm the developers, I say, you've got 2 weeks to decide or the 18 acres stay barren and Lynchburg now gets 0% of the revenue and 100% of the traffic problems anyway.

[Rocketfan]

If I'm the developers, I say, you've got 2 weeks to decide or the 18 acres stay barren and Lynchburg now gets 0% of the revenue and 100% of the traffic problems anyway.

Luconn trying to get his resume out there it would appear......

[LUconn]

I wish. No, this exact situation happened when I was growing up. In my hometown, Manchester, CT they were planning on building a mall that strattled over the boarder into South Winsdor. SW wanted no part of it due to traffic reasons so the just moved the mall over and they got all of the problems and none of the benefits for their stupidity. I've just always thought that was funny. Of course since then they've built more "higher end" commercial development right next to there becuase they realized how dumb they were.

[El Scorcho]

Campbell planners move Crossroads Colonnade forward

Crossroads Colonnade developers cleared the first public hurdle as Campbell County planning commissioners unanimously voted to recommend rezoning more than 200 acres of land.

The rezoning request will go before the Board of Supervisors in a public hearing Sept. 4 at 7 p.m. in Rustburg.

If approved, the land currently owned by Liberty University and Thomas Road Baptist Church will be a mix of residential and commercial zoning in anticipation of a 220-acre mixed-use development. The project may include up to 900,000 square feet of retail space, most of which is in Campbell County, said Lee Beaumont, Liberty University’s director of auxiliary services. About 150 acres will be for retail.

In comparison, Wards Crossing West is about 31 acres, including parking and open space.

The Crossroads Colonnade project is comparable in scope to Lakeside Centre - a 200-acre retail development planned for the intersection of U.S. 501 and Lakeside Drive.

Read More: http://www.newsadvance.com/servlet/Sate ... 4993&path=

[Sly Fox]

The latest from the fishwrap ...

Crossroads Colonnade vote could be Tuesday

By Sarah Watson
swatson@newsadvance.com
September 2, 2007

Campbell County supervisors may vote on a request to rezone almost 200 acres near Liberty University after a public hearing scheduled Tuesday night at 7 p.m. in Rustburg.

Click Here for Full Story

[thepostman]

I didn't know if this is where this should go or not, but I will put it here anyways

I was talking to my boss the other day who just vacationed with someone who is very much involved in the real estate market in Lynchburg, and my boss was under the impression that Liberty was going to buy River Ridge Mall and convert it to a new medical school. I have heard rumors of Liberty buying the mall, but not for a medical school and that is what I told him...but I thought it was interesting...and if true, probably a very good idea in my opinion.

[LUconn]

Booo, it needs to be our version of the Carrier dome with both bball and fball. We could call it the Southern Air dome.

[thepostman]

hahahaha....nice thought...but i like our respective stadium locations

[Rocketfan]

Lynchburg's Planning Commission on Wednesday endorsed developers using 3.6 acres within city limits as part of a 186-acre shopping center.
Most of the shopping center, Crossroads Colonnade, will be built on land currently owned by Liberty University in Campbell County, where the Board of Supervisors has already approved it. But of the 18 acres that sit in Lynchburg, 3.6 need rezoning and other measures.

http://tinyurl.com/2oxcy2

[PAmedic]

prepare for the public outcry

[4everfsu]

And those crying will be the first in line when the mall opens

[LUconn]

Second, if any buildings' backs or sides face U.S. 460, those faces will use materials and colors consistent with the buildings' fronts. The measure is an effort to improve the retail center's appearance from U.S. 460, considered a major gateway into Lynchburg.

That's good news for everybody.

[hurricane fan]

My sources tell me that the financial backer of the 221 project has "backed out".

[LUconn]

The lakeside Dr development that kicked all of those trailer park folk out? wow.

[thepostman]

they are doing a lot of work down on the end of nationwide that is suppose to be part of that development...been doing so for over a month now...it would suck if they were doing all that work for nothing

[Hold My Own]

Who would want to continue to build when they know LU's is going to be in a perfect location off a major highway with better connections....I'm glad they are backing out b/c they would be extremely disappointed b/c Lynchburg isnt ready for 2 malls of that size