LifeWay reopens search for new headquarters |
Written by Taylor Berglund | |
Monday, 16 November 2015 04:31 PM America/New_York | |
LifeWay Christian Resources has chosen not to purchase a 1.5-acre city-owned site in downtown Nashville for its new headquarters, LifeWay President Thom Rainer said in a letter to employees today. However, Rainer said the Southern Baptist entity does intend to complete the sale of its current 14.5-acre campus, also in downtown Nashville. LifeWay's bid for the 1.5-acre property was accepted in July for $12.7 million with a $4.9 million tax incentive, lowering the overall cost to less than $8 million, according to a Baptist Press report. The site is owned by Nashville's Metro Development and Housing Agency and is situated across the Cumberland River from Nissan Stadium, home of the NFL's Tennessee Titans. |
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