|BRENTWOOD, Tenn. (BP) -- Plans to sell the Tennessee Baptist Convention building and surrounding property in Brentwood, Tenn., have failed, the convention's executive director said.
The convention's Executive Board was notified Feb. 14 that Franklin Land Associates declined to close on the sale, Randy Davis said. The next day, Davis learned that the expected buyer had withdrawn a request for a zoning change regarding the property.
Earlier in February, a group called Preserve Brentwood launched an effort opposing the construction of a 900,000 square-foot development on the Baptist Center site.
The Executive Board voted last May to accept a $9 million offer for the Baptist Center from Franklin Land Associates. The Executive Board has been headquartered on the property located at 5001 Maryland Way since 1969.
Davis commended the convention's staff in a letter.
"You have worked hard to prepare for the possible move," Davis wrote. "Many of us were very confident that the sale was going to happen. Nonetheless, we believe that God is an on-time God and has a better plan for the Tennessee Baptist Convention as we move forward."
The convention, Davis said, "will continue to be motivated by the principle of wise stewardship as we make decisions concerning this incredible asset called the Baptist Center."
The planning and work that has occurred since the announcement of the proposed sale has not been in vain, Davis said.
"It has forced us to have discussions about how we will be doing our work in the future," he said.
"These discussions have needed to happen for a long time. We will capitalize on the hard, good, strategic work that you have been involved in," Davis told employees. Continued...