| Submit your comments on this article |
| Olde Tyme Religion |
| Mormon church-owned company buys huge swath of Florida land |
| 2013-11-09 |
| [ORLANDOSENTINEL] The Mormon church stands to own nearly 2 percent of Florida by completing a deal to buy most of the real estate of the St. Joe Co. for more than a half-billion dollars. The megapurchase was announced jointly Thursday by a corporate representative of 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. |
| Posted by:Fred |
| #2 Hope its swampland. |
| Posted by: Skidmark 2013-11-09 19:49 |
| #1 I can haz garment? I for one welcome our new lactose crazed overlords. Srsly, since Ed Ball shuffled off lo these many years ago St. Joe has given up on natural resources (trees) and become just another Florida RE developer. Good ridance. |
| Posted by: Shipman 2013-11-09 04:55 |