Monday, July 05, 2010
Church Announces Purchase Of Lexington Mall
KENTUCKY...
A church has a contract to buy a defunct mall in Lexington and reopen it as a religious facility. Southland Christian Church pastor Jon Weece announced the deal Saturday night during a sermon to the mega-church's congregation. The deal is not final, as the church has a 60-day due diligence period with Maryland-based Saul Centers, which has owned the property since 1974, the year before the mall opened.
Southland's executive director of finance and administration Kurt Braun says the church then has an additional 120 days to present its development plan to city officials for approval.The mall has been in disrepair since Dillard's closed in 2005.
# posted by Homer Owens @ 6:40 AM 
