The Deseret News, a Salt Lake City newspaper, posted an article that gives more insight into why the LDS Church is spending so much money and effort on the City Creek Center and other developments in Salt Lake City. Because I previously posted on this topic, I thought I should link to the article. The article is based on an interview with Bishop Burton, presiding Bishop of The Church of Jesus Christ of Latter-day Saints. The following short quote offers a summary of why The Church spends money on land development projects: "'We are committed to do our part to make this a safe, beautiful and enjoyable community where people can enjoy one another, can enjoy the blessings of living in the tops of the mountains and can have safety and education for their families,' Burton said. 'That's what we're about, in part — to help with community enhancement.'"
I think Salt Lake is a beautiful city already but the work the LDS Church is doing is only making it more beautiful.