Diocese of Orange increases its offer for Crystal Cathedral

Despite recent reports indicating that the fabled megachurch isn’t for sale, the Diocese of Orange has upped the ante, and raised its bid.

Details:

Chapman University and the Roman Catholic Diocese of Orange appear to be the front-runners to buy the bankrupt Crystal Cathedral, although a new suitor has emerged, according to documents filed in bankruptcy court Tuesday.

The disclosure statement filed by the creditors committee outlined options for the Garden Grove church to exit Chapter 11.

The diocese, according to the documents, increased its cash offer from $50 million to $53.6 million and would require the Crystal Cathedral’s ministry to leave the property after three years. But the diocese would attempt to help it find a new space.

Chapman University amended its original offer of $46 million to $50 million. In a letter dated Aug. 4, the school offered the ministry two individuals related to Chapman with “extensive experience in business, financial and operational strategy.”

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  • rudy

    Well, here they go again. Why so desperate to spend 53 million dollars on such a dude? With that money they probably could build a Cathedral more in the architectural tradition of the Church.

    Come to think of it, 53 million could send a bunch of poor kids to Catholic school from grade 1 to 12 at least.

  • melody

    I’ve never been there, but from the pictures it is a cool building. But it’s somebody else’s cool building; I agree with Rudy that the Church could make better use of its money.
    It has long been an icon of evangelical Protestantism. No disrespect intended to them, but after all the years of being the Garden Grove church it seems to me it would always be associated with them rather than taking on a Catholic identity. I’m hoping that people in that community can figure out a way to keep it in their family, so to speak. And that the Diocese of Orange builds a church to more nearly fit their needs; it seems like they should be able to do it for less.

  • Pingback: Sold: Catholic diocese buys Crystal Cathedral for $57.5 million « The Deacon's Bench


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