Business

Elevation Church cites growth in shopping center purchase

An Elevation Church official on Thursday said buying the shopping center that houses its Matthews campus gives the church “flexibility in the future as we grow.”

Elevation was “excited to take advantage of an opportunity to purchase the plaza and secure our long-term presence in the Matthews community,” Chunks Corbett, the church’s chief financial officer, said in a statement.

Corbett didn’t respond to a message seeking further specifics on the church’s plans. A spokeswoman said the multicampus church plans to expand, but details haven’t been determined.

The Observer reported Wednesday that Elevation bought the shopping center for $10.2 million.

The Matthews Plaza shopping center on East Independence Boulevard is home to Elevation’s Matthews campus and staff offices. The church leases about 45,000 square feet, out of a total of 140,000 square feet in the shopping center.

Under charismatic pastor Steven Furtick, the church has grown rapidly since it was founded in Charlotte in 2006. Elevation now has 10 campuses in the Charlotte region and sites in Raleigh, Roanoke and Toronto.

The shopping center’s tenants also include Ashley Furniture, Tuesday Morning, Consignment 1st and an Italian eatery. A representative from Ashley Furniture said the store wasn’t aware of changes coming and that its lease remains the same as under the former owners.

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