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Even with the condos, City Creek is tiny. Where's the money?
Posted: Mon Mar 05, 2012 3:00 am
by _OzPoof
How can the CULT justify spending over $5billion on this thing? Where's the accounting?
Re: Even with the condos, City Creek is tiny. Where's the mo
Posted: Mon Mar 05, 2012 4:14 am
by _Daheshist
Don't forget the underground parking structures, which are not cheap.
Where is the money?
Labor and materials.
Where are the profits?
The profits go to the "investors" in the construction companies. Who
are the investors? That is a secret. Guess...
Re: Even with the condos, City Creek is tiny. Where's the mo
Posted: Mon Mar 05, 2012 4:47 am
by _Shulem
It's called payoffs and writeoffs. Friends and family members of General Authorities raked in the profits. The Mormon church leaders know how to make a buck in the name of the Lord and pat their bank accounts. As a result, their children will attend colleges and acquire higher paying jobs, as will their children's children. The church will not deny this. The very attempt to do so would pave the way for the books to be opened and prove them all a bunch of money diggers.
Pay up and ask not. The dirty Nazi army rolls on.
Paul O
Re: Even with the condos, City Creek is tiny. Where's the mo
Posted: Mon Mar 05, 2012 7:31 am
by _moksha
When you build underground tunnels and passage ways the costs add up. Building that huge mezzanine off the 23rd Sub-Cavern in itself took a lot of bucks and having it stocked with genetically engineered hybrid humans/West Desert Aliens must be paid for somehow.
Re: Even with the condos, City Creek is tiny. Where's the mo
Posted: Mon Mar 05, 2012 4:38 pm
by _Panopticon
Taipai 101 - $1.8 billion
Petronas Towers - $1.6 billion
Burj Dubai - $1.5 billion
________
$4.9 billion
I don't know about you, but I would have voted to build the three landmarks above before the eclectic mess that is the City Creek center. Tan brick art deco??????
Re: Even with the condos, City Creek is tiny. Where's the mo
Posted: Mon Mar 05, 2012 5:28 pm
by _DrW
Panopticon wrote:Taipai 101 - $1.8 billion
Petronas Towers - $1.6 billion
Burj Dubai - $1.5 billion
________
$4.9 billion
I don't know about you, but I would have voted to build the three landmarks above before the eclectic mess that is the City Creek center. Tan brick art deco??????
Great question.
Great comparison.
Tunneling may be expensive - but so is designing and building super-sized skyscrapers, especially considering the geology that one finds in Dubai.
Re: Even with the condos, City Creek is tiny. Where's the mo
Posted: Mon Mar 05, 2012 5:35 pm
by _Tobin
DrW wrote:Panopticon wrote:Taipai 101 - $1.8 billion
Petronas Towers - $1.6 billion
Burj Dubai - $1.5 billion
________
$4.9 billion
I don't know about you, but I would have voted to build the three landmarks above before the eclectic mess that is the City Creek center. Tan brick art deco??????
Great question.
Great comparison.
Tunneling may be expensive - but so is designing and building super-sized skyscrapers, especially considering the geology that one finds in Dubai.
It just costs a lot more (and takes a lot longer) to get things done in the US due to work rules and regulations. City Center here in Las Vegas cost $9.2 billion and wouldn't have cost nearly that much to construct in other places in the world either.
Re: Even with the condos, City Creek is tiny. Where's the mo
Posted: Mon Mar 05, 2012 5:50 pm
by _DrW
Tobin wrote:DrW wrote:Great question.
Great comparison.
Tunneling may be expensive - but so is designing and building super-sized skyscrapers, especially considering the geology that one finds in Dubai.
It just costs a lot more (and takes a lot longer) to get things done in the US due to work rules and regulations. City Center here in Las Vegas cost $9.2 billion and wouldn't have cost nearly that much to construct in other places in the world either.
Fair enough.
When evaluating the economic viability of a project, one needs to look at projected costs and revenues over the design life of the project and get some kind of an estimate for IRR for the original investors and NPV relative to initial costs in general.
One can see these projections from MGM Resorts in Las Vegas for City Center. What about for City Creek from CoCoJCoLDS in SLC?
Re: Even with the condos, City Creek is tiny. Where's the mo
Posted: Wed Mar 07, 2012 2:40 am
by _OzPoof
Did they tunnel or just dig out a hole?
I wonder how many front companies the checks passed through before people got paid?
Re: Even with the condos, City Creek is tiny. Where's the mo
Posted: Wed Mar 07, 2012 2:53 am
by _moksha
DrW wrote:One can see these projections from MGM Resorts in Las Vegas for City Center. What about for City Creek from CoCoJCoLDS in Salt Lake City?
Such sacred information is not on display to keep antis from mocking the Lord's expenditures.
