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Show the .ENTERPRISE MSR picks up steam leases mall developed by Pearson Enterprises will cater to tourist trade . Opening is slated for June 1 . A $1 million Pearsons latest enterprise slated for June opening Pearson Enterprises will shopping mall )pen a n the old Rocky Mountain Bank Note building on West remple and 600 So. next June, according to Mike Fletcher, a Pearson spokesman. To be amed Heritage Square, the all will house a sporting oods store with ski rentals, a western wear shop, a jewelry store, Indian arts and crafts, a candy and nut store and a pioneer theme restaurant. 22-sto- re "Over 50 percent of the pace has already been cased, said Fletcher. The nail contains 26,000 square eet. Tourists we can draw 3,000 rom approximatley ooms in the surrounding area vill, of course, be the cream But f the trade, he said. vell depend on local busi-ics- s as well. The mall, conceptualized by Pearson employee Ron Jon, was designed by J.D. Scott of California. Financing of the plus center came from Prudential Federal Savings and Walker Bank, Fletcher said. $1 million Mountain State Resources has acquired 1,945 acres of geothermal property in Millard County, Utah for an undisclosed amount, according to president Ray H. Albrccht-sen- . The acreage is located in the vicinity of the Roosevelt Hot Springs Geothermal Area, he said. Theres been some prior drilling on the property, said, but we will do our own exploratory work in the future. The assignor of the lease retained a five percent overriding royalty, he added. Mountain States already an has interest in a geothermal prospect containing about 12,000 gross acres under a joint venture agreement with Chevron USA, Inc. Billion continued from page I The value ing growth rates. nonresi-dentid of construction hit a new record high of over $327 million in 1977, 50.9 percent higher than in 1976 and 110.5 percent greater than the average of the last decade, said Brcreton. The fact that both residential and nonresidential construction expanded during the same year ended a trend in construction, the analyst said. Housing typically leads the construction cycle and nonresidential building brings up the rear. In 1977 this trend ended as both major al permit-authorize- sectors set new record levels for valuation as well as significant percentage increases. The Wasatch Front accounted for 65.9 percent of the states authorized dwelling u- - nits, said Brereton, and 64.4 percent of the total valuation. Noteworthy among counties showing exceptional growth were Uintah, Washington and Carbon. Whats in store? Brereton says 1978 will be a good year perhaps not as good as 1977, however. He expects housing starts to decline from the record 23,000 to approximatley 20,000 units. This doesn't signal a sharp decline in the housing cycle, he warned. The conditions that led to past downturns in the housing cycle do not seem to be present. Thrift institutions have available resources, nonagricultural employment continues to climb as unemployment falls, and the state's population is growing 2.5 times faster than the nation, he said. It's the amazing new CASIO printingdisplay calculator that Isa Desk Calculator: adds, subtracts, multiplies, divides, has memory, plus special functions Tape Readout or Visual Display: eliminates tape errors and provides accuracy check Payroll Machine: converts hours, minutes directly to R-22- - MB decimal form Three machines in one. Write or call Suzy for free color brochure andor demonstration. DONT SAY CALCULATOR, SAY CASIO Office Equipment Associates 1367 Major Street 487-29-91 B 1 Own your ski vacations! At Park City, Jackson Hole and other great resorts. Sweetwater Time Share Ownership has become Utah's most popular ski vacation program because... It allows almost anyone to enjoy ownership in' resort units at Park City, Jackson Hole, Bear Lake and San Diego. It gives you reciprocal rights to Aspen, Vail, Steamboat Springs, Snowbird and many other resorts . It gives you up to five full weeks of reserved time every year (forever) at these resorts. Our free offer... A $20 Gift Certificate to any ZCM1 storel Come hear Sweetwater's presentation on Time Share Ownership. If you meet eligibility requirements, we'll give you one $20 gift certificate to any ZCMI store. SIMPLY DROP BY OUR OFFICE... McCune Mansion 200 N. Main Salt Lake SWEETWATER Time Share Ownership 10 to 8.) OR CALL FOR AN APPOINTMENT. 363-360- 0 (Call 24 hours a day, (Open Monday-Saturda-y, Monday-Saturday- .) ' Available in some programs Some programs are sold by prospectus to Utah residents only. Persons under 21, students, unemployed persons, present Sweetwater property owners and previous participants in any Sweetwater promotion are ineligible. If manied, you must attend the presentation with your spouse. ! CZZ3 0 q O |