I must admit, I have mixed feelings about the whole thing. I am a native of Atlanta, and a member of the Archdiocese of Atlanta.
Buckhead is the Beverly Hills of Atlanta. What is interesting is that a loft in Buckhead five years ago [when this project got started] can cost half a million dollars. The Cathedral of Christ the King sits right in the middle of Buckhead. It is true that they need more parish space on that campus.
I guess what I am saying is, that the land was donated, and the fact that it ONLY cost 2.2 million in Buckhead, to build a 6000 square foot house is nothing short of amazing, especially on Habersham Rd. The Archdiocese could sell it tomorrow for 5 million easy, so it is not a bad investment. But that is not the point is it?
If they needed room on the Cathedral campus, and they did, you can’t get a house of ANY size in Buckhead with hopes of entertaining anyone for less than a Million dollars. The Bishop of Bling spent 45M. I think this is just the price of living near the Cathedral. Atlanta traffic is horrible.
I believe the Arch-Bishop when he says he only lives in a small portion of the house. He is a good man. The Archdiocese did not loose 1 cent on this deal, and they gained a very valuable asset worth double of what was spent. I will however be waiting for an invitation to the first bar-b-que!
PS: The seat of the Episcopal Diocese of Atlanta, the Cathedral of St. Phillips is right across Peachtree street from Christ the King. All Episcopal Rectors and Bishops get to KEEP their houses, even after they retire. They get a housing allowance, so who is getting the better deal here?