The LDS Church buys land for Philadelphia temple

Published: Friday, Dec. 3 2010 1:00 p.m. MST

PHILADELPHIA — The Church of Jesus Christ of Latter-day Saints has closed on buying a parcel at 18th and Vine streets in Philadelphia, paving the way for construction of a $70 million landmark temple on the Benjamin Franklin Parkway.

The parcel, now a surface parking lot, traded for around $7.5 million and was bought from an entity affiliated with Klein Co., a Philadelphia real estate developer.

Read the complete article on www.bizjournals.com. 



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