The Church has reportedly just purchased a couple large plots of land in downtown Salt Lake, including “a 10-acre block directly north of the Little America Hotel and another 2- to 3-acre parcel directly north of the Grand America Hotel. The parcels are across from each other on either side of Salt Lake City’s Main Street.”
It currently seems to be just two large parking lots. The official word is that it’s a long-term investment and the Church has no immediate plans for development. Any idle speculation as to what the Church might use the land for?