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Mormon Church Buys corner lot in Salt Lake City..

Posted by UtahCribs, Real Estate, Homes on January 21, 2010

ksl.com – Mormon church buys corner lot in Salt Lake City

Posted by utahcribs as Economy Update., Real Estate Deals, Utah News

Mormon church buys corner lot in Salt Lake CityJanuary 21st, 2010 @ 10:18amSALT LAKE CITY AP — The LDS church is buying another lot in downtown Salt Lake City.The Church of Jesus Christ of Latter-day Saints says it bought 3.76 acres on North Temple Street as a long-term investment.Thats the same reason the church offered for its purchase announced weeks ago of a 10-acre block north of the Little America Hotel.The church picked up that parcel and a smaller one from hotel owner Earl Holding.The latest real-estate purchase is a corner lot at 400 West and North Temple from a subsidiary of restaurant chain Gastronomy.Church spokesman Scott Trotter says the church has no immediate development plans.The church through business affiliates is downtown Salt Lakes largest landowner.Copyright 2010 by The Associated Press. All Rights Reserved.

via ksl.com – Mormon church buys corner lot in Salt Lake City.

This is always Really interesting stuff.. To see what the LDS Chursh is doing real estate wise in the Utah Realestate market…

Spencer Janke
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