Denton Calvary Academy (DCA) has agreed to purchase all the property on the west side of Nottingham Drive and W. University Drive from Denton Bible Church (DBC).
Serve Denton currently leases a 32,000 square foot building on this property with a 20- year lease from Denton Bible Church. The agreement includes a significant termination fee that DCA will pay Serve Denton. This will enable Serve Denton to pursue other real estate options to advance its mission of supporting nonprofits that open doors for people in need to become self-sufficient. Serve Denton has formed a search committee to look for other potential properties to purchase, renovate and operate in a similar manner to what it does at its present facility.
As part of this agreement, Denton Bible Church will transfer the ownership of The Wheeler House to Serve Denton. This facility provides space for healthcare services, homeless street outreach, and transitional housing for women and children in need. Since Serve Denton has been staffing and operating the facility since its initial opening, the transfer of ownership gives Serve Denton more latitude for development and expansion of that mission. This transfer represents a significant gift to Serve Denton.
Concurrently, Pat Smith, Serve Denton’s Executive Director, has been generously loaned to the organization by Denton Bible Church for over two and a half years. He has given notice of his desire to step aside so the board of directors can hire a full-time executive director. A search committee composed of Tim Crouch, Larry Parker and Rebecca Stanley will lead the effort. Pat Smith is deeply committed to Serve Denton’s success and will remain a board member. The board anticipates making a hiring decision by March. Pat will remain the executive director until someone is hired and assumes that position.
For more information about Serve Denton, email email@example.com.