[Fumblerooskies]

Liberty University may sell The Plaza to a “reputable developer” who has made an offer on the property, Chancellor Jerry Falwell Jr. said Friday.

“We’re leaning in that direction,” he said. “I think the likelihood is strong but you never know until those deals close.”

http://www.newsadvance.com/servlet/Sate ... 7327&path=

Jerry, Jr gave some great reasons in the faculty meeting on Monday for this.

[Rocketfan]

forget the reasons....what is the sale price....bottomline.

[TylerBakersGonnaBGreat]

I hope they turn it into a strip club.... JOKING JOKING JOKING

[Rocketfan]

I hope they turn it into a strip club.... JOKING JOKING JOKING

I think you bought some good drugs from Haize cause you are talking out of your mind today.....

[badger74]

Maybe $200K/acre or so.

[Hold My Own]

Dont sell...the original idea was brilliant...move DLP over there and free up space...UNLESS you are going to buy RR Mall...hmmmm

[PAmedic]

stop being such a tease and come out with it already.

funny how you're in the construction biz all the sudden

[JDUB]

its pretty far away from campus, so i don't think the location is that good although the DLP thing did seem like a good idea. if JJ thinks its a good idea to sell I'll trust him b/c he knows what he's doing. I'd say if we sell we're making a lot of money off it. It'd be great to buy RR, but its still to early for that

[ToTheLeft]

I say we buy everything in a 10 mile radius.

Go D-1 tomorrow.

And something involving the Zooperstars...

[Hold My Own]

stop being such a tease and come out with it already.

funny how you're in the construction biz all the sudden

Ha.....no construction here...and no teasing either...but let's be honest if LU wants to get to the level they want to RR Mall is vital so it's just a matter of time...


as far as it being to early to tell...it is...until they break ground on that mall...then watch the stores start to squirm at RR Mall (they've already begun)

[Fumblerooskies]

Dont sell...the original idea was brilliant...move DLP over there and free up space...UNLESS you are going to buy RR Mall...hmmmm

Why don't they just move DLP over to the former church?

Falwell previously had looked into the possibility of locating the school’s Distance Learning Program offices to The Plaza.
With this new development, he said, the school may instead consider purchasing portions of the old Thomas Road Baptist Church for offices that don’t need to be on the main campus.

http://www.newsadvance.com/servlet/Sate ... 7327&path=

[Hold My Own]

Thats an option...although as far as space and Sq ft available you cant beat the Plaza...I'm interested to see how many people are going to be using the old TRBC, from what I hear it's going to be leased to several churches in the area (maybe for offices?)

[mrmacphisto]

I'd say if we sell we're making a lot of money off it.

Wasn't it donated? That would mean no matter what it sells for, they make a profit.

[ToTheLeft]

JDUB is one of the bright thinkers of our time, NC's finest.

[Sly Fox]

Here is an update with some more information ...

An Exciting Possibility for The Plaza

Lynchburg News & Advance
February 12, 2008

There is welcome news that Liberty University may be ready to sell The Plaza. Such a sale could be a huge boost to the city’s economic development. Restoration of the shopping center, a destination for shoppers in the 1960s and 1970s, would not only breathe new life into the city’s Midtown district, it would also have a beneficial effect on the city’s tax base.

Five months ago, The Plaza’s owners donated the 42-acre shopping center to the university. LU Chancellor Jerry Falwell Jr. said last week the school may sell the property - valued by the city at $11.7 million - to a “reputable developer” who has made an offer for it.

“We’re leaning in that direction,” Falwell said. “I think the likelihood is strong, but you never know until those deals close.” The closing process could take 90 days after a draft contract is signed.

Click Here for Full Story

[JDUB]

I'd say if we sell we're making a lot of money off it.

Wasn't it donated? That would mean no matter what it sells for, they make a profit.

see, i'm a freakin genius

[Rocketfan]

I'd say if we sell we're making a lot of money off it.

Wasn't it donated? That would mean no matter what it sells for, they make a profit.

see, i'm a freakin redneck

fixed.

[ToTheLeft]

Wasn't it donated? That would mean no matter what it sells for, they make a profit.

see, i'm a freakin redneck

fixed.

[JDUB]

you just wish you were from nc

[LUconn]

I think somebody needs to do all parties involved a favor and just torch it. I'm sure LU's got it insured and then we can just build a parking lot or something. That place will never be developed into anything worth while. And it's not because it's old. It's because of the area around it.

[bigsmooth]

hopefully this developer is a visionary. there is much they could do to make it a destination in lynchburg, and it would be great for the revitalization of a once proud part of lynchburg.

[mrmacphisto]

I don't care what they do as long as King House stays right where it is.

[flamesfilmguy]

you just wish you were from nc

Jest cuz yur frum NC Dun't meen yur a rednek there sunny. now pull them britches up before i tear up yur backside!

[ToTheLeft]

before i tear up yur backside!

So many things I could say here...

[flamesfilmguy]

that was just for you big boy..... (insert scary fat man at carwash in Dodgeball quote here.)