Quote:
Originally Posted by Stenar
You can thank Earl Holding for that. He bought and demolished the Newhouse Hotel because it competed with his Little America Hotel. Whenever he could, he slowly bought up the rest of that block, too... He tore down the rest of the buildings because it's cheaper to pay taxes on an empty lot than it is a building on a lot.
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I listened to part of a discussion about Earl Holding last week on
RadioWest. They were discussing the book
Bargaining for Eden
The author of the book quoted Holding as having said that "I will never be happy until I own all of the land next to mine"
It seems that he is bent on owning gobs and gobs of land, though he really has no interest in developing any of it. I think Utah is going to have to wait until the man is dead to see anything developed on his massive land holdings in downtown Salt Lake City.
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