Mormon church completes huge buy of land – now owns 2 percent of Florida land
Deseret Ranch cowboys bring in the spring herd.
(MATTHEW RIVA, ORLANDO SENTINEL )
March 6, 2014|By Kevin Spear, Orlando Sentinel
The Mormon church through its subsidiaries now owns nearly 2 percent of Florida with the completion Thursday of a $562 million purchase of more than 382,000 acres in North Florida’s Panhandle region.
The megapurchase of most of the timberland holdings of real-estate developer St. Joe Co. was announced in November. That property combined with Deseret Ranches in Central Florida leaves the Utah-based Church of Jesus Christ of Latter-day Saints with 678,000 acres in Florida.