Brady admired the architectural drawings on the large sheet before him: the New Hope Community. What began three years ago as a search for land to build a larger and more modern church had morphed into a six-hundred acre mixed-use development. The current master plan included not only the new church, which had grown from its current 100,000 square feet to over 250,000, but also a community center, athletic facilities, a new seminary for 650 students, an eighteen-hole golf course, over 200 single-family residences, 350 apartments, and 300 town homes. A retail center with a grocery store, shops, and restaurants completed the development.
For years Brady had dreamed of building a community of the faithful. A community that would literally be centered around the church that he’d placed in the middle of the town square. His architects had visited Charleston and Savannah for inspiration from old southern architecture.
In the New Hope Community, the faithful would gain strength and support from each other, as well as worship, shop, and dine together—all without the corrupting influences so rampant in society today. The development would have its own cable TV system and movie theaters, playing only appropriate inspirational programming. Likewise, the Christian bookstore would carry titles similar to Brady’s book that would strengthen rather than confuse the people. Jennings had referred to the concept as Christian Urbanism, a take on the popular New Urbanism developments springing up around the country. Brady loved the term and immediately adopted it as his own. New Hope would be the model for how to turn around the problems of the country. Once Brady unseated Jimmy Jeffries, he would be in position to bring his vision to the nation.
Brady peered across the table at Jennings. His number two was dressed in a gray pinstriped suit that hung loosely from his limbs and a white dress shirt that had stray threads showing around the neck and cuffs from being laundered too many times. A long, sharp nose protruding from a pale face combined with an even longer neck gave him the appearance of an ostrich outfitted in Brooks Brothers. Brady shook his head and then brushed a fleck of lint from the sleeve of his own midnight black Armani suit. He then adjusted the French cuffs on his pale pink shirt so that they peeked out from his jacket sleeve just the right amount. He’d tried to tell Jennings that a low-budget appearance invited low-budget offerings, but his number two just didn’t have the flair for style that he had.
Brady tapped his fingers on the table. Jennings and Carla still had their heads stuck in spreadsheets. Brady couldn’t tolerate those things. Fortunately, he had Jennings. The growth the church had experienced under the Brady-Jennings partnership surpassed even Brady’s lofty expectations: a few hundred members twenty years ago to over ten thousand today. The combination of Brady’s charisma and passion for the scripture and Jennings’s organizational abilities and attention to detail, along with God’s blessing, had worked a miracle.
“These delays are getting annoying. Do we start grading for the town square next month as planned?” Brady asked. They could finish the accounting later.
Jennings looked up. “The bank’s attorneys have agreed to the final changes in the loan documents. We should close next month on the first hundred million. Then we’ll be able to pay down the line of credit we used to buy the land and fund our initial construction.”
“Good. Everything’s going according to God’s will.” Brady gestured to the site plan in front of him. “Let’s talk about the layout of the retail center. I was thinking that maybe we should move these restaurants—”
“Brian,” Jennings interrupted, “we spoke about this yesterday. Today we need to focus on the financial issues. You can indulge your creative side on Thursday with the architects, but for now we need to reexamine our costs.”
“I thought we finished the value engineering last week. Didn’t you say that the money from the banks was a sure thing?”
For the first time Carla spoke up. “Yes, Reverend, the loans should come through, but we still need to meet certain fund-raising covenants. I’m concerned that we’ve tapped out most of the large donors, and the smaller ones have slowed significantly.” She pushed several sheets of legal paper in front of Brady.
Not bothering to look at the papers, Brady stared at his new employee. He recalled her resume: a twenty-eight-year-old MBA from Auburn, Carla had worked at a midsized Birmingham accounting firm before tiring of the corporate life and deciding to put her education toward a more worthwhile endeavor. Jennings spoke highly of her skills, but Brady had been reluctant at first because she was an Episcopalian. He didn’t even like to think about the blasphemy that was occurring in that church: first women and then gays at the pulpit. Always the practical one, Jennings had persuaded him that they needed more firepower, as he put it, to handle the financial complexities of such a large development.
“Won’t the million a month we pull in from our regular donations make up for any slowdown in the capital campaign?” Brady asked her.
“We take in eight hundred seventy-five thousand a month, but our current expenses are just over eight hundred, and that assumes our expenses stay flat, but they’ve been steadily rising. Just this year our general and administrative expenses are up twelve percent, our homeless shelter sponsorship expenses are up seven percent, and our outreach program is up twenty-five percent.”
“Well, we can’t cut any of those things,” Brady replied. “Certain expenses are necessary to run the church. You have to spend money to make money, Carla. And our outreach programs are doing God’s work. If we can’t reach out and spread the message of Jesus Christ, then why are we here?”
“I anticipated you might say that, Reverend, so I’ve taken the liberty of putting together another option.” Carla slid a second spreadsheet in front of Brady, which he also ignored. “We should consider phasing in some of the development at the New Hope Community over a longer period of time.” She slid a copy of the same spreadsheet to Jennings, who wrinkled his brow as he studied the numbers. “Now, I’m not suggesting that we cut out anything on your plan,” she added quickly, “but by delaying some of the projects until the home sales generate substantial income—”
“Delay our development!” Brady boomed. “Child, you don’t understand the concept behind Christian Urbanism. Every aspect of this development works together harmoniously, each part supporting the other.”
“Reverend, if you would humor me for a minute and just look at the plan.” She held up the spreadsheet so that he was forced to take it. “What I propose is to start construction on the church, golf course, and phase one of the town homes first. As this phase sells out, we construct the next one, and when the golf course is completed, we open the adjacent residential lots for sale. This timing allows us to use revenue from the sales to fund the later development, and thus lower our debt.”
“But what about the seminary, community center, theaters,”—he leaned over the table toward her—“the restaurants?” He stabbed at the site plan with a finger. “They’re fundamental to the entire concept of the faithful living, worshipping, and playing together.”
“Once we have seventy-five percent of the residential areas built and sold, then we have the critical mass to support the retail. Let’s see,” Carla said, brushing her flat brown hair out of her face as she studied the projections in front of her. “We could start construction on the retail phase in about four years.”
Brady’s face reddened before he exploded. “Four years! But I’ve promised the congregation an entire community, not just some houses and a church. This option is not acceptable.” Brady turned to Jennings. “William, certainly you’re not in agreement with this?”
Jennings removed his half-moon reading glasses from his long nose and spoke calmly. “Carla, your numbers here do not account for the income from the reverend’s book sales.”
With the two older men staring down at her, Carla’s neck reddened. “We won’t start receiving the first royalty checks for another couple of months, and by then sales may begin to taper off.” The volume of her voice dropped to the point