Show f H HOM OMES BE 8 BULT r fOCE t I 0 O to Be Spent on Tracts I 1 t 1 Through a alg J i il l lg Realty Firm I j ING what is believed I k korge orge J. J Martin manreal manreal man man- man real estate depart depart- D. D Smith Sons 1 I building an and r real al l 1 unprecedented character lf was made mader I r sale ot of large tracts ot of m J Jensen a home builder I iP posed sed plan ot of spending year in building homes I I 1 The land Is In three reels all large and to- to 10 1 ous t s sections ot of the south south- t the city of gf the big deals all off of consummated by the Ed I Sons realty firm was wast I t block of two forty lots I iet 1st south ot of Ninth South flock from Liberty park ts are excellently adapted hiding and will he be used p pose se The consideration n s not made public c made to Mr Jensen Is at ot of all unsold prop prop- enwood addition on on tad md old oId ThIrteenth South consists of many lots which has he been en noted dy y with which homes homested r ted on it deal al consisted of the thee ge e tract ot of land on the I tl fate e street near Twenty Twenty- treet ThIs property Js is f for r. r hl me building II I UGE PLAN I a a of the large tracts I l e plan ot of building J r Jensen has had and I Wr operation for this year I filch all ot of the land In r ts wil be parceled into I es built on each lot and i l tse q ot of the land is not a aMate Mate tate investment for Mr 11 I fl the means to the in- in of the biggest home in-I in rams ever attempted In inThe The tracts of land were I the building of small v thin the next two years rears I I I f Mr Jensen expects to have an attractive at- at attractive at mod modern rn ho home e. e on every lot START WORK MONDAY I W With th the completion ot of the purchase ot of the tracts wanted by Mr Jensen the building program will be begun next Monday when ground will be broken on all three tracts for the first instalment of houses in number which will be built at the cost of 1 In the Kenwood addition it is planned by Mr Jensen to build homes on one halt three quarter and full acre tracts making small farming or garden tracts with modern homes in inthe the residential district ot of the city On the other tracts It is planned to build homes on smaller lots HOMES During the spring and early summer summer sum sum- mer it Is planned to have the first homes completed on the newly purchased tracts and to hare hae m rainy ny ot of them ready for sale and occupancy within about forty days The entire amount planned will be spent in the construction work on I Ithe the first set of homes and as they are built and sold or rented new homes will be put under construction I All of the homes will be thoroughly modern with UP to date plumbIng lighting fixtures and many new con con- conI I They will also be of the tho latest architecture It is planned I Ito to construct them with the tho best ot of materials making durability a point I In their favor tavor as well as beauty J I EMPLOY MANY MEN The construction program a outlined out out- lined by Mr 11 Jensen is In the belief 1 of i. i I. I Martin who consummated the deals for the land one ot of the greatest boons to tl Salt Lake In years With a surplus ot of labor that reaches nearly I 2500 It will do much to relieve the cIty of trouble in the and will instill confidence in many builders who have been waiting waiting wait wait- I ing for someone to show them the way to prosperity I While the construction program the greatest single program ot of home homebuilding homebuilding building ever attempted in Salt Lake is a big thing in it itself according to Mr 11 Martin the following that It will I receive from the smaller builders and the men ot of small means In building homes and purchasing property will willbe be ot of much greater value to the tho city than the intrinsic value ot of the deal I itself Itsel The Jensen program Is only a part I of the big boom that has started in Salt Lake according to Mr Martin I for in the the first three days ot of the week the Ed fl D. Smith R Sons company corn com cornI comI I pany turned small deals amounting to which is much more than the usual weekly business The boom according to Mr Martin is bound to continue and the wiser real estate men are getting In on the ground I floor |