Can the City Council get a big NEVER MIND and perhaps an Osteen AMEN to boot?
The City of Houston's governing council recanted its earlier hesitation and approved the sale of the Compaq Center to Lakewood Church for $7.5 million today. The City Council voted 13-2 to approve the sale — for what some real-estate experts have called a low sales price — just one week after tabling it for further discussion.
Joel Osteen apparently works almost as fast as God, who created the world in seven days. It's been exactly seven days since city council members expressed Lakewood sales apprehension.
There's no telling what caused the change of heart this week, except a renewed concern for the projected budget shortfall and a lack of alternatives.
Lakewood has already invested a reported $80 million renovating the building, which they had leased until 2031 with an option to extend. Maybe, with the church's cash flow, we can expect further improvements — perhaps a freeway-facing mosaic of Osteen's mug?
I can dream.