The Building Update:
"The close of escrow on the property right next door is nothing but a sovereign God story of His good gift for the 100-year vision of Crossroads." Pastor Todd Smith
Construction will start next month to create space for the Kid's Ministry, Student Ministry, Adult Ministry, Spanish Ministry, and the Crossroads Institute. Lord willing our move-in date will be Spring 2024.
Amount Pledged: $2.19M
Amount Received from Pledge: $2.29M
Amount Unpledged: $1.52M
Total: $6M
The Building by the numbers and attributes:
1.9 acres
25,221 square feet
128+ parking spots
Fully air conditioned
New bathrooms
New elevator
New ADA parking
New fire/safety system
New lobbies
New building roof
New security camera system
New fire sprinkler system
Building Cost:
Purchase Price: $9.5M
Phase 1 Improvements: $1.0M
Total Cost: $10.5M
Building Financing
Crossroads Cash Needed: $7.0M
Bank Loan: $3.5M
Total Financing: $10.5M
The Building Usage For The Next 84 Years
NexGen Kid’s Ministry will take over the Elevate Space and the adult classrooms
NexGen’s Kid’s Ministry will get a new large outdoor play area
Elevate Student Ministry will use the entire second floor of the new building
Summit College Age Ministry will gain a new meeting space in the new building
Church Plant worship space will be created for the coming church plants
Multiple classrooms will be available for the Crossroads Institute, Adult Bible Fellowships, Seminars, etc.
Current parking lots will become a single permanent “Crossroads owned” parking lot
The expanded parking lot will allow for growth in community outreach programs such as Easter, Fall Festival, Christmas, and many more events
Crossroads Fundraising
The great news is Crossroads already has $1 million from the unused surplus of 2021.
How can Crossroads raise the remaining $6 million?
Together we should all pledge over and above giving for the next three years (see below)
Consider giving an over and above pledge equal to your 2022 contribution spread over the next three years
Our first and largest gift is needed by December 31st, 2022
Total Pledge - Initial Gift = Remaining Pledge / 36 Months = Monthly Gift
Important Dates
Each Weekend through December 18: Building Tours
December 8 + 11: Congregational Vote and Pledges
December 2022: Initial Gifts Given
January 2023: Building Purchased