Heritage Square - Current Ownership

Current Ownership

Over the years, Heritage Square's ownership has changed hands many times. Currently, Heritage Square is owned by Lafarge which also owns the quarry next to the complex. Lafarge bought Heritage Square early in the 1990s and currently runs the complex in the red as a tax write off and a buffer to the City of Golden. By using Heritage Square as a buffer to the city, Lafarge is able to prevent development near their active quarry and give room from the sound of the blasts used to break apart the rock. On quiet days, one can hear the blasts from the park and even feel them. The future of Heritage Square is unknown as it will no longer be needed as a buffer once Lafarge has stripped the quarry completely. However, this is not for another 20 years at least as of 2007.

Read more about this topic:  Heritage Square

Famous quotes containing the words current and/or ownership:

    Our current obsession with creativity is the result of our continued striving for immortality in an era when most people no longer believe in an after-life.
    Arianna Stassinopoulos (b. 1950)

    They had their fortunes to make, everything to gain and nothing to lose. They were schooled in and anxious for debates; forcible in argument; reckless and brilliant. For them it was but a short and natural step from swaying juries in courtroom battles over the ownership of land to swaying constituents in contests for office. For the lawyer, oratory was the escalator that could lift a political candidate to higher ground.
    —Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)