- September 7th, 2007, 10:09 am
#107423
http://www.liberty.edu/index.cfm?PID=13208&NewsID=198
LU Chancellor Jerry Falwell Jr. announces land acquisition
September 7, 2007
by Ron Brown
Liberty Journal
An Arizona real estate development firm has agreed to donate Lynchburg’s The Plaza shopping center to Liberty University, Chancellor Jerry Falwell Jr. said Friday.
Falwell’s announcement came during convocation at LU’s Vines Center.
“Our target closing date is Sept. 30,” Falwell Jr. said.
The Plaza’s 42-acre site and its 467,000 square feet of buildings have an assessed tax value of $11.7 million. The shopping center’s current owner, Sandor Development Co. of Scottsdale, Ariz., has signed the agreement formalizing the donation.






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