Chicago area developer, William Hults made the $100,000 down payment towards the $2 million purchase price of the dilapidated Packard plant along East Grand Boulevard in Detroit.
An extension has been granted for the man who wants to buy Detroit’s old Packard Plant.
The Wayne County treasurer’s office is canceling a $6 million online bid for the old Packard plant in Detroit.
Wednesday marks a deadline for the group to pay a large chunk of the $6 million winning bid for the crumbling Packard Plant.
A former auto plant — now a symbol of Detroit’s economic decline — has a new owner.
A former car plant that’s a symbol of Detroit’s industrial decline could be sold for as little as $21,000 after failing to get bids in an initial public auction.
Developers have set their sights on a deteriorating former Detroit car plant that’s become better known for malicious destruction and urban decay.
Placards posted at a deteriorating former Detroit car plant that spelled out words that were part of a metal gate at the infamous Auschwitz concentration camp in Nazi-occupied Poland have been removed.
The phrase “Arbeit Macht Frei,” which famously greeted Nazi prisoners at the Auschwitz concentration camp during World War II has a new home, in Detroit.
The blighted former Packard car plant complex in Detroit could be returned to public control if the building’s owner fails to pay about $750,000 in back taxes.