Earlier this week, The Church of Jesus Christ of the Latter Day Saints decided to purchase a corner lot in Salt Lake City’s downtown.
The piece of real estate property was believed to be owned again by the LDS Church as they buy another lot in the said city. As a long term investment, The Church of Jesus Christ of Latter-day Saints bought a piece of 3.76 acres of land located at North Temple Street.
Actually, it was announced earlier, about weeks ago that a 10-acre block north of the Little America Hotel has been offered for purchase to the Church. Indeed, Earl Holding, owner of the said hotel, had been negotiated by the Church to pick up that smaller parcel from him.
A corner lot at 400 West and North Temple from a subsidiary of restaurant chain Gastronomy was the latest real estate purchased by the Church. As stressed by Scott Trotter, Church’s spokesman, “The Church has no immediate development plans.”
The Church now is still preparing for developments about the said matter regarding real estate property purchase for betterment of the Church’s goal.
Continue reading via Ksl.com news
