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AgReserves is another for-profit Mormon umbrella enterprise. Together with other church-run agricultural affiliates, it owns about one million US acres. They're used for farming, hunting, preserves, orchards and ranches.
They include the $1 billion, 290,000 acre Florida based Deseret Ranches. It has 44,000 cows, 1,300 bulls, citrus, sod, and timber. Foreign based affiliates operate in Britain, Canada, Australia, Mexico, Argentina and Brazil.
The church also runs several for-profit real estate enterprises. They develop, own, and manage malls, parking lots, office parks, residential buildings, and other businesses.
Hawaii Reserves owns or manages over 7,000 Oahu acres with commercial and residential buildings, parks, water and sewage infrastructure, as well as two cemeteries.
Oahu's Polynesian Cultural Center is a 43 acre tropical theme park. It hosts luaus, canoe rides, and tours through simulated Polynesian villages.
Utah Property Management Associates is another operation. Its new megamall is part of a $5 billion downtown Salt Lake City makeover.
According to Utah Governor's Office of Economic Development official Spencer Eccles:
Church officials run "their businesses like businesses, no bones about it."
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