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TBC building sale collapses

 

BRENTWOOD, TN (BP) — Plans to sell the Tennessee Baptist Convention building and surrounding property in Brentwood, TN, 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 The next day, Davis learned that the expected buyer had withdrawn a request for a zoning change regarding the property.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 at 5001 Maryland Way since 1969.