Some Lowcountry South Carolina churches cash in on Mount Pleasant land prices

Posted by Kendall Harmon

For a number of churches in this fast-growing town, soaring land prices have been a godsend.

Some have inked multimillion-dollar sales of land they bought inexpensively many years ago, boosting church finances and in some cases paying for other initiatives. Development-weary residents, however, might not appreciate new homes popping up on previously tax-exempt property. In at least one community, residents say they feel betrayed.

Parcels once owned by churches are now home to a parking lot for the future Lucy Beckham High School, a cellphone store at Towne Centre, and the Tidal Walk single-family home development.

Read it all from the local paper.

Filed under: * Christian Life / Church LifeParish MinistryStewardship* Culture-WatchReligion & Culture* Economics, PoliticsEconomyHousing/Real Estate Market* Theology

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Posted January 22, 2017 at 4:00 pm [Printer Friendly] [Print w/ comments]
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