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How much $ for the small house?
"other church real-estate ventures".. Any chance one could expound upon the details within these projects? Definitely would be seeing the light after that, I do imagine.
Are churches supposed to spend all the money they take in the year they take it in? The money earned from investments profits the church and it's following.
I suspect that this project falls into the same category as the media properties, etc that are owned by the Church and run for profit. They will pay income tax on the profits and they can then be used for any business or other purpose the owners decide is appropriate.
It will be interesting to see who can afford and buy these homes. I would bet it will be people like the Huntsmans, and the hierarchy of the church.
Too bad they didn't invest part of their money into low income housing.
Oh well, wouldn't want to live downtown anyway. It was bad enough working there for 30 years.
I am so proud (ugh) to be living in Sandy, the "other downtown".
Do you have to get a bishops interview to determine if you are worthy enough to live in these apartments?
How well Isaiah and Ezekiel prophesied of our time:
Isaiah 56:10-11
His watchmen [are] blind: they are all ignorant, they [are] all dumb dogs, they cannot bark; sleeping, lying down loving to slumber. Yea, [they are] greedy dogs [which] can never have enough, and they [are] shepherds [that] cannot understand: they all look to their own way, every one for his gain, from his quarter.
Ezekiel 34:
And the Word of the Lord came unto me, saying, Son of Man, prophesy against the Shepherds of Israel, prophesy, and say unto them, Thus saith the Lord God unto the Shepherds: Woe be to the Shepherds of Israel that do feed themselves! Should not the Shepherds feed the flocks? Ye eat the fat, and ye clothe you with the wool (the best) but ye feed not the flock
Only the higher-ups in COB will be able to afford these apartments.
Where's the pricing info?
I'd love to live there, but I don't want a unit that looks over Temple Square. I wonder if the south-facing units will be cheaper ;p
Nice to see the Church's priorities, "upscale condos."
Before we start in on the church, let's wait and see how the whole project comes together.
Waiting for the results in California.
If you read the article, it specifically said pricing information was not yet available.
How cool is it that a Church would revitalize downtown? While other churches are struggling with declining donations, the Mormons have invested wisely, and continue to do so...This will beautify downtown, bring in more tax money for our schools and public projects, make money as an entity to support the already enormous humanitarian efforts of the Mormons---something like half a billion dollars a year, and who knows what the volunteer hours total; millions I would guess. A very progressive move for a Church. Well done!
Regardless of where the City Creek project was funded (roots in tithing or not), my question is why does the church's largest ever building project ($1-2B) have absolutely nothing to do with it's three fold mission and very much to do with making more $ and more land development???? Hmmm?
im a non mormon and this project will be good for slc and the state. i would also love to live there but a non temple view would be nice i hope the south facing units will be cheaper
So a church can send millions in Humanitarian aid, Invest wisely and make even more millions to revitalize a dull, uninspiring downtown, be politically active (whether you agree with their politics or not cool that they have the huevos to do so) get their members to host free barbecues for the neighborhood, pray for moisture and we get a great ski year, and still meet on Sundays to talk about God and kindness---Wow, I love this city!
To those who complain that the church does not invest in low income housing--you need to read and study more about ther church. It does. This particular project doesn't include that. How could anyone revitalize downtown by filling it with low income houseing?
But over the years I have read of a nubmber of housing projects that the church has helped with over the years-- in Utah, in other states, and in other parts of the world.
Just because you don't know about something doesn't mean that it doesn't exist.
To be honest when I first heard about this (I live in Idaho) I was concerned about the money being spent for this. Over time I have thought and prayed about it. I do not have the answers why - but the image of Noah building the ark years before the rains came comes to mind. I know that the Lord is the head of this church and that he is running it through the prophets - I also know that I am not smart enough to second guess him or tell him what to do. He knows the future - I do not. So, I will step back on this and leave it in his hands to do as he will. I do see alot of revenue coming in for the humanitarian effort - as well as lots of jobs for people in SLC just to name a few things.
I simply KNOW that that has got to be a typo: "$1.5 Billion" 1.5 BILLION? If I remember correctly, the estimate was a third of that a year or two ago. When it is finally completed, will it be 2 billion? 3 billion?
Really?
That's more than the mormon church has spent on humanitarian aid in the last 20 years!
It is NOT possible.
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