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Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 9th, 2012, 7:27 am
by ATrain
http://www2.newsadvance.com/business/20 ... r-1901040/
Hopefully Liberty is at least considering purchasing it for use. Could be used as temporary housing while the circle is leveled, or maybe just an easy way to get a new dorm building (with a facade upgrade to match the rest of campus).
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 9th, 2012, 7:30 am
by Purple Haize
I remember when that was thenicesthotel in town. Too bad.
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 9th, 2012, 12:24 pm
by LUconn
Man, they couldn't really get a more steady stream of guests being the closest hotel to LU. Must have been the green flood lights.
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 9th, 2012, 12:56 pm
by flamesfan30
i know everytime i checked for my parents for a place to stay, the windgate was always the most expensive. bad economy, and they refused to lower their prices= forclosure. if LU doesnt buy this land/ hotel, i will be very sad. we already have shown a willingness to do that with the annex, and this makes way more sense than that.
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 9th, 2012, 1:17 pm
by BJWilliams
I wouldnt be surprised if the Wingate was already on our radar even before this development
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 9th, 2012, 1:57 pm
by Hold My Own
BJWilliams wrote:I wouldnt be surprised if the Wingate was already on our radar even before this development
I'm sure JLFjr noticed there was a large hotel right beside campus before the bankruptcy news
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 9th, 2012, 2:01 pm
by BJWilliams
Hold My Own wrote:BJWilliams wrote:I wouldnt be surprised if the Wingate was already on our radar even before this development
I'm sure JLFjr noticed there was a large hotel right beside campus before the bankruptcy news
Lol I meant as a possible university investment. Im sure its kinda hard to not notice a large building like that
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 9th, 2012, 2:33 pm
by 4everfsu
Buy it and start a hotel management major.
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 9th, 2012, 2:52 pm
by badger74
Not a bad idea.
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 9th, 2012, 4:33 pm
by ALUmnus
When they originally built the Wingate, it was always said that the intention was that it would eventually be in LU's hands. That might have been the rumor mill, because I don't know if that made any sense from a business perspective, but I've always expected it to wind up as part of Liberty.
If only they could have gotten a restaurant for the adjacent site....
or, maybe not.
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 9th, 2012, 6:51 pm
by rogers3
ALUmnus wrote:When they originally built the Wingate, it was always said that the intention was that it would eventually be in LU's hands. That might have been the rumor mill, because I don't know if that made any sense from a business perspective, but I've always expected it to wind up as part of Liberty.
If only they could have gotten a restaurant for the adjacent site....
or, maybe not.
Rumor mill... it was built by the same folks who owned the Days Inn, and they weren't the type who thought of giving properties away to ministries. Having worked with the company in a couple of iterations, I didn't have much respect for their financial acumen.
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 10th, 2012, 9:40 am
by TDDance234
I don't see how this can end up anywhere other than LU. It wouldn't be attractive to anyone else and would wind up eventually ending up in the same position.
It was nice for me as a pastor when taking students to CFAW and to be close to campus. However, as someone mentioned, the prices were nuts.
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 10th, 2012, 9:38 pm
by EagleOne
4everfsu wrote:Buy it and start a hotel management major.
They could ship the Indian and Pakistani students over there. Get them housing and real live hotel management education all at once.
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 10th, 2012, 9:58 pm
by flamehunter
EagleOne wrote:4everfsu wrote:Buy it and start a hotel management major.
They could ship the Indian and Pakistani students over there. Get them housing and real live hotel management education all at once.
And put a 7-eleven out front.
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 10th, 2012, 10:19 pm
by jbock13
Joe Biden wrote:"You cannot go to a 7-11 or a Dunkin' Donuts unless you have a slight Indian accent.... I'm not joking."
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 14th, 2012, 9:17 pm
by JDUB
This thread just made my day so much better LOL
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: May 14th, 2012, 10:59 pm
by jmdickens
It isn't racism if it is true BYD...It is called a fact
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: June 14th, 2012, 3:33 pm
by Rooster Cogburn
I'm hearing LU bought the Wingate today for 9.2 Million at auction. 2 other entities wanted it, one was Sleep inn.
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: June 14th, 2012, 4:17 pm
by LUminary
Any word on the planned use?
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: June 14th, 2012, 4:21 pm
by From the class of 09
LUminary wrote:Any word on the planned use?
EagleOne wrote:4everfsu wrote:Buy it and start a hotel management major.
They could ship the Indian and Pakistani students over there. Get them housing and real live hotel management education all at once.
Re: Wingate on Candler's Mountain Rd. in Foreclosure
Posted: June 14th, 2012, 7:11 pm
by LUminary
Lynchburg, VA - The Wingate by Wyndham Hotel off of Candler's Mountain Road has new owners.
During an auction ThursdayLiberty University bought the property for $9.2 million.
LU School Chancellor Jerry Falwell Jr. says Liberty will run it as a hotel but has not ruled out turning it into dorms in the future. Falwell also says the hotel performs well.
He hopes the school will recoup it investments soon.
http://www.wset.com/story/18792452/libe ... gate-hotel