Liberty Shopping May 8, 2007
Posted by atjohnson in About Jerry, Business, Expansion, Financial, Jerry Falwell, Liberty University.trackback
LU has applied for a land permit that would give permission for the school to build a shopping mall on theĀ south sideĀ of east campus.
Businesses there will be similar in nature to those at River Ridge Mall. This could mean trouble for the mall, which has struggled to become a popular destination for the local community.
LU plans to sell the land to a shopping center developer for the price of $200,000 per acre.
That explains above average profits.
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