Company type | Private |
---|---|
Industry | Property management, real estate, real estate development |
Predecessor | Zion Securities Corporation |
Founded | February 7, 1922 |
Founder | The Church of Jesus Christ of Latter-day Saints |
Headquarters | , |
Key people | Ashley J Powell (President/CEO), Michael Johnson (CFO) |
Owner | Corporation of the President of The Church of Jesus Christ of Latter-day Saints |
Parent | Property Reserve Inc. |
Website | utpma |
Utah Property Management Associates (UPMA), formerly Zions Securities Corporation (ZSC), is a subsidiary of Property Reserve Inc. [1] , which manages property owned by the Corporation of the President of The Church of Jesus Christ of Latter-day Saints (LDS Church) mostly in Salt Lake City, Utah. [2] [3] They manage major corporate, residential, and retail spaces along with parking lots and plazas. [4]
In January 2012, Zions Securities Company changed its name to Utah Property Management Associates, LLC. UPMA is part of the Investment Properties Management Department of the LDS Church.
UPMA currently owns and operates the following commercial properties in Downtown Salt Lake City: [5]
UPMA currently owns and operates the following residential properties, all of which are in Salt Lake City, Utah, except as noted.
Salt Lake City, often shortened to Salt Lake or SLC, is the capital and most populous city of the U.S. state of Utah. It is the seat of Salt Lake County, the most populous county in the state. The city is the core of the Salt Lake City Metropolitan Statistical Area (MSA), which had a population of 1,257,936 at the 2020 census. Salt Lake City is further situated within a larger metropolis known as the Salt Lake City–Ogden–Provo Combined Statistical Area, a corridor of contiguous urban and suburban development stretched along a 120-mile (190 km) segment of the Wasatch Front, comprising a population of 2,746,164, making it the 22nd largest in the nation. With a population of 200,133 in 2020, it is the 117th most populous city in the United States. It is also the central core of the larger of only two major urban areas located within the Great Basin.
Zion's Co-operative Mercantile Institution was an American department store chain. It was founded in Salt Lake City, Utah, on October 9, 1868, by Brigham Young. For many years it used the slogan, "America's First Department Store."
Temple Square is a 10-acre (4.0 ha) complex, owned by the Church of Jesus Christ of Latter-day Saints, in the center of Salt Lake City, Utah. The usage of the name has gradually changed to include several other church facilities that are immediately adjacent to Temple Square. Contained within Temple Square are the Salt Lake Temple, Salt Lake Tabernacle, Salt Lake Assembly Hall, the Seagull Monument, and two visitors' centers. The square was designated a National Historic Landmark District in 1964, recognizing the Mormon achievement in the settlement of Utah.
Salt Lake City, Utah has many historic and notable sites within its immediate borders. Although the entire Salt Lake City metropolitan area is often referred to as "Salt Lake City", this article is concerned only with the buildings and sites within the official city limits of Salt Lake City.
Downtown is the oldest district in Salt Lake City, Utah, United States. The grid from which the entire city is laid out originates at Temple Square, the location of the Salt Lake Temple.
Deseret Book is an American publishing company headquartered in Salt Lake City, Utah, that also operates a chain of bookstores throughout the western United States. It is a wholly owned subsidiary of Deseret Management Corporation (DMC), the holding company for business firms owned by the Church of Jesus Christ of Latter-day Saints. Deseret Book is a for-profit corporation registered in Utah. Deseret Book publishes under four imprints with media ranging from works explaining LDS theology and doctrine, LDS-related fiction, electronic resources, and sound recordings such as The Tabernacle Choir at Temple Square albums.
Deseret Management Corporation (DMC) is an American operating company, managing select global, for-profit entities affiliated with the Church of Jesus Christ of Latter-day Saints. It was established in 1966 by church president David O. McKay to hold already-existing church media assets. DMC companies provide content, services, and information through a diverse portfolio of companies, with the majority being media and communications brands.
The economy of Salt Lake City, Utah is primarily service-oriented. While nearby Bingham Canyon Mine provided a strong source of income during the 19th century, the city has evolved to an economy built on transit hubs, call centers, and seasonal tourism. The 2002 Olympic Winter Games gave a great boost to the area's economy. Many hotels and restaurants were built for the 2002 Olympics, and although many survive, they have suffered post-Olympic market saturation.
The ZCMI Center Mall was a shopping center near Temple Square in Salt Lake City, Utah, United States that was owned by Zions Securities Corporation, which opened in 1975 and closed in 2007. At the time of its opening, it was the largest downtown mall in the country. ZCMI stands for Zion's Co-operative Mercantile Institution, which refers to a department store owned by the Church of Jesus Christ of Latter-day Saints that had locations in Utah and Idaho until it was sold to The May Department Stores Company. The ZCMI Center Mall, along with the affiliated Crossroads Plaza Mall, once constituted the largest shopping area in Salt Lake City.
Temple Square Hospitality Corporation is a subsidiary of Deseret Management Corporation which provides dining, catering and other services at the Lion House, Joseph Smith Memorial Building, and other properties owned by Zions Securities Corporation near Temple Square in downtown Salt Lake City, Utah. The company caters parties, weddings, and corporate events.
Beneficial Financial Group is an insurance and financial services company based in Salt Lake City, Utah. It is a subsidiary of Deseret Management Corporation (DMC), the for-profit arm of the Church of Jesus Christ of Latter-day Saints. The company was founded in 1905 and as of its 2013 fiscal year end had assets of $3.0 billion. The insurance side of the company was known for many years as the Beneficial Life Insurance Company.
The City Creek Center (CCC) is a mixed-use development with an upscale open-air shopping center, office and residential buildings, fountain, and simulated creek near Temple Square in downtown Salt Lake City, Utah, United States. It is an undertaking by Property Reserve, Inc. (PRI), the commercial real estate division of the Corporation of the President of The Church of Jesus Christ of Latter-day Saints and Taubman Centers, Inc. (TCI). The CCC integrates shopping and residential elements, with foliage-lined walkways and streams covering two blocks in the heart of downtown Salt Lake. PRI invested in the housing and parking elements of the mall, while TCI owns and operates the shopping center itself. The CCC opened to the general public on March 22, 2012. This shopping, office, and residential center encompass nearly 20 acres (8.1 ha) of downtown Salt Lake City. The City Creek Center is part of an estimated $5 billion sustainable design project to revitalize downtown Salt Lake City. The CCC project itself has been estimated to cost around $1.5 billion.
Zions Bancorporation is a national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington. It has 416 branches and over 1 million customers. It was founded by the Church of Jesus Christ of Latter-day Saints in 1873, although the church divested its interest in the bank in 1960.
The Deseret News Publishing Company is a publishing company headquartered in Salt Lake City, Utah, United States. It is a subsidiary of Deseret Management Corporation (DMC), a holding company owned by the Corporation of the President of The Church of Jesus Christ of Latter-day Saints. The company publishes the daily Salt Lake City area newspaper, Deseret News, and its weekly inserts the Church News and Mormon Times. It also publishes a semi-weekly Spanish paper, OKespañol, and the Deseret News Church Almanac. The company was incorporated in 1931 to direct the operations of the Deseret News, which until then was owned directly by the Church of Jesus Christ of Latter-day Saints. For many years the company operated a jobs press, known as the Deseret News Press, in which they used their presses to publish content for other publishers, such as Deseret Book.
Joseph Don Carlos Young was an American architect and the Church Architect for the Church of Jesus Christ of Latter-day Saints from 1887 until 1893. In 1893, the office of Church Architect was dissolved, Young thereafter practiced privately with the LDS Church as a frequent client. Young practiced as an architect, landscape architect and designer from 1879 to circa 1935. A preponderance of his work centered on church commissions, or commissions offered him by extended Young family members, or higher echelon church friends.
The Eagle Gate monument is a historical monument—more in the form of an arch than a gate—seventy-six feet across, situated at the intersection of State Street at South Temple, adjacent to Temple Square, in Salt Lake City, Utah.
The Triad Center is a complex of office buildings in downtown Salt Lake City, Utah, United States. Originally planned as a large development, containing several office and residential buildings, the project was canceled after only two phases were completed. From 2017 to the present it houses BYU–Pathway Worldwide, Ensign College, the BYU Salt Lake Center, offices of the Deseret News and the studios of KSL-TV and KSL Radio. The landlord and prominent tenants are affiliated in one way or another with the Church of Jesus Christ of Latter-day Saints.
The Provo City Center Temple is a temple of the Church of Jesus Christ of Latter-day Saints on the same site as the former Provo Tabernacle in Provo, Utah. Completed in 2016, the temple utilizes much of the external shell of the tabernacle, all that remained of the original building after a fire in December 2010.
The Ryde is a bus service that provides transportation to the Brigham Young University (BYU) community in Provo, Utah, United States. The service is owned and operated by Student Movement, Inc. (SMI) and operates under the brand, "The Ryde". Although The Ryde began as a limited service paid shuttle bus, in the fall of 2015 it expanded to limited-service bus routes that are free to BYU students.
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