The latest on CA's move
What the latest on Calvary Austin's move North?
Land: We expressed interest in 17-acres on Picadilly (formerly Royston) off IH-35. The informal proposal included a donation by the seller. At this time, the seller is moving forward in a cash deal with another buyer. This deal may or may not make it to closing so this isn't dead by any means. Either way we need an interim place to meet as our lease in Austin has just over a year remaining.
New lease: We are negotiating to sub-lease Gold's Gym at Hester's Crossing and IH-35. This would allow us to merge all three sites where we meet on the weekend. Current sticking points are price and signage. If this were to work out, we would likely move later this year and would need an early release from our present lease in Austin.
Old lease: We have requested an early release from our present lease in Austin. Sticking point is new tenant(s) to replace income for owner. There has been interest from potential new tenants in the last few weeks. There is a good chance we could be released early.
Bottom line: Please continue to pray that if it is God's will, the owners of the Picadilly property would come back to us and accept our informal proposal. Pray that we could reach an agreement on price to sub-lease with Gold's Gym and on signage with Sky Ridge Plaza. And pray that Quail Creek Plaza would find new tenants and release us from our lease.
Land: We expressed interest in 17-acres on Picadilly (formerly Royston) off IH-35. The informal proposal included a donation by the seller. At this time, the seller is moving forward in a cash deal with another buyer. This deal may or may not make it to closing so this isn't dead by any means. Either way we need an interim place to meet as our lease in Austin has just over a year remaining.
New lease: We are negotiating to sub-lease Gold's Gym at Hester's Crossing and IH-35. This would allow us to merge all three sites where we meet on the weekend. Current sticking points are price and signage. If this were to work out, we would likely move later this year and would need an early release from our present lease in Austin.
Old lease: We have requested an early release from our present lease in Austin. Sticking point is new tenant(s) to replace income for owner. There has been interest from potential new tenants in the last few weeks. There is a good chance we could be released early.
Bottom line: Please continue to pray that if it is God's will, the owners of the Picadilly property would come back to us and accept our informal proposal. Pray that we could reach an agreement on price to sub-lease with Gold's Gym and on signage with Sky Ridge Plaza. And pray that Quail Creek Plaza would find new tenants and release us from our lease.
