Home From the Wires Mormon church will own nearly 2 percent of Florida

Mormon church will own nearly 2 percent of Florida

| Print |  Email
Friday, November 08, 2013

Orlando Sentinel: The Mormon church will soon own almost 2% of Florida when it completes a deal to buy most of the real estate of the St. Joe Co.

The megapurchase was announced jointly Thursday by a corporate representative of the church, which owns the nearly 295,000-acre Deseret Ranches in Central Florida, and by the real-estate and timber business, which has built several communities along the Panhandle coast.

According to the announcement, a church entity, AgReserves Inc., will buy 382,834 acres – the majority of St. Joe's timberlands – in Bay, Calhoun, Franklin, Gadsden, Gulf, Jefferson, Leon, Liberty and Wakulla counties for $565 million.

Completion of the deal will leave the Utah-based church with 678,000 acres, an area larger than any other private holding in Florida, according to widely shared but unconfirmed rankings of top landowners.

Read more.

 

More Articles

Startup or Grow Up?

September 2014
Tuesday, August 26, 2014
BY JON BELL

Startup culture is all the rage. Is there a downside?


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

How to add positivity to your team

Contributed Blogs
Friday, September 12, 2014
happy-seo-orlando-clientsBY TOM COX | OB BLOGGER

I often talk about what leaders can do. What about followers? If you’re a team member and you’d like to add positivity to your team, what might you do?


Read more...

Tight and Loose

September 2014
Wednesday, August 27, 2014
BY JENNIFER MARGULIS

As schools implement more rigorous academic standards, holistic and flexible approaches to K-12 education flourish.


Read more...

The Rail Baron

October 2014
Thursday, September 25, 2014
BY LINDA BAKER

Oil is gushing out of the U.S. and Canada, and much of it is coming from places that don’t have pipeline infrastructure. So it’s being shipped by rail.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS