Inspired by a new news article about land development by the LDS Church in Hawaii, I did a little more property searching. Unfortunately, Honolulu County doesn’t allow searching by name, so finding all the property of Hawaii Reserves, Inc. and Property Reserve, Inc. (two of the holding companies of the LDS Church) in Hawaii is virtually impossible. But I did find this shopping center owned by Property Reserve Inc. – valued at $9 million (go here and use parce ID#: 550140010000). It is also the headquarters for Hawaii Reserve, Inc., which also owns the water and waste water treatment plants in Laie, HI.
Related Posts
A Stingy God
by Johnny Townsend On the surface, Mormons are generous. They give a full ten percent of their income to their church. They donate countless hours every week to various “callings,” as Sunday School teachers, Nursery leaders, temple workers, and janitors. The bishop of every congregation may volunteer 20 hours each…
City Creek Center – breeding cynicism
I’m an alumnus of the University of Utah. As an alumnus, I get their alumni magazine, Continuum. With all of the other stuff I have to read, I rarely read the magazine all that closely. I typically just skim through the articles, looking for anything that might seem interesting. The…
Pity Party for LDS, Inc./City Creek Reserve Inc.
The Salt Lake Tribune has an article up noting that LDS Inc./City Creek Reserve is having a hard time selling its downtown condos. I know I feel bad for LDS, Inc. I mean, why build condos except to make a profit, right? And City Creek Reserve Inc. really doesn’t have…