Despite being in ruins, piled with trash and possibly sitting atop decades of chemical waste, the Packard Plant remains structurally sound and open to possibility. Its new owner realizes this, and so do architects who see its unlimited potential.
Fernando Palazuelo is the next Detroit media savior in a local media landscape that has too much of a savior complex. I'm still highly skeptical, but Palazuelo says he'll have the Packard Plant up and renovated in the next 15 years. He will start to move some dirt around in September.
There was a bit of concern last month when Fernando Palazuelo, the new owner of the dilapidated Packard Plant, hadn't paid thousands of dollars in back taxes to complete the sale. Well, he's paid the piper and is ready to roll.
I'll never understand the fascination with making documentaries in Detroit's abandoned structures instead of fixing them up and maybe providing shelter to the homeless or something, but to each their own. Here's a video of a guy dirt-biking through the old Packard.
Could it be that Fernando Palazuelo, the third-place bidder on the ruined Packard Plant who ended up winning after a series of grand-scale fuck-ups, has been secretly reading comments on Jalopnik for the site's future?
Mark Day remarks to the Board: "What is it that fixes the potential of the asset, so that it can put additional production into motion?"
You know how you prematurely get your hopes up for something and it all just falls to shit in a spectacular way? That's what's going on today with the apparent new ownership of the Packard Plant, which has no problem coughing up typo-ridden press releases but not a down payment.
Layers of asbestos and the risk of severe head trauma from falling chunks of concrete be damned, gawkers from all over the world are hopping on charter buses to check out Detroit's second-most-famous ruin, the Packard Plant.
Uh-oh, the Illinois developer who told (tricked?) the media about his plans to redevelop the Packard Plant is now MIA. But fear not! If you've got $21,000 lying around, maybe you can pick up where he left off.
The Detroit News reports that the Packard Plant site is going to be auctioned off by Wayne County as a potential investor scrambles to secure funding for his wide-scale idea to redevelop the ruins.
It's completely far-fetched and has a snowball's chance of materializing, but a Chicago developer is apparently willing to pony up nearly $1 million to purchase the Packard Plant site in Detroit, the city's #2 most-famous ruin porn star.
Have you ever wanted to possess your very own symbol of American decay? Something that says "we used to build a lot of cars, but now we build less of them?" A real fixer-upper? Well now you can, as the old Packard Plant in Detroit is coming up on the auction block, and the bidding starts at just $975,000.