Re: Packard Plant (Maybe) Sold - $6.0 Million

Posted by RogerDetroit On 2013/11/1 12:29:16
I think Mr. Pushbutton made a series of VERY valid points. Among them,

"Anyone who is entertaining any pollyanna-ish vision of the plant all refurbished and making pleasure domes need only look at this drone cam video:http://www.youtube.com/watch?v=hvTwY6tPf4k "

There is nothing to save at the PMCC boulevard plant. If you had attended the 2013 PAC National Meet held here then you would have seen this for yourself. And since that time more scrappers are doing more damage to the building. Several weeks ago a wall feel off the 4th floor and landed on Concord St. just a few feet north of EGB. The street remained blocked for several days before the City of Detroit could get around to shoveling it up.

Earlier today there was an online discussion hosted by the business writers from the Detroit Free Press and ALL believe that ANY restoration or ANY new development is cost prohibitive at this time. They believe it will be another generation (at least) before that section of town will be financially viable again.

As Mr. Pushbutton said, look at the video.

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