JACKSON, Tenn. – Feb. 25, 2009– A long-term asset gift of about 55 acres of commercial land to Union University by two local companies is the largest gift in the university’s history.
Donated by RMR Investment Co., LLC and Campbell Street Development Co., LLC, the land is located along Interstate 40 with frontage on I-40 and Ridgecrest Road at exit 83.
RMR Investment Co., LLC, is based in Memphis and owned by Robert M. Rogers. The company is a major commercial real estate development and investment firm operating in numerous southeastern and southwestern states. Rogers and his wife, Carolyn, and children, Laura and Robert, are the namesakes of The Rogers Center for Youth Ministries at Christ United Methodist Church in Memphis.
Campbell Street Development Co., LLC, is co-owned by Rogers and Eden Smith, who is a lifelong resident of Jackson, commercial real estate developer, investor and affiliate broker.
Union President David S. Dockery said over the next year Union administrators and trustees hope to develop a long-term plan for the land. Any future development by Union on this property would be known as Union University’s Moss Creek Campus.
“Certainly we are grateful to God for this marvelous gift,” Dockery said. “Also, we are incredibly grateful for the magnificent generosity of these wonderful donors. This magnanimous gift will enable future generations of Unionites to envision a strong future for this university.”