Bidder must pay $1.8 million today to buy Packard Plant
Bill Hults already paid $200,000 in nonrefundable deposits for the 40-acre ruins.
McDonald’s to replace historic University Club in Detroit
One of Detroit’s most elegant buildings was demolished to make way for the city’s 29th McDonald’s restaurant.
Who’s buying up cheap houses in Detroit? 10 leaders at tax auction
Investors scooped up more than 9,000 Detroit homes in a county auction.
Peruvian next up to buy Packard Plant after missed deadline
But will the Wayne County treasurer enforce the deadline and invalidate the bid of Chicago-area investor Bill Hults?
Bridge Co. turns neighborhood in Windsor into ‘slums’
Bridge owner Matty Moroun’s heavy-handed tactics raise questions about mayoral candidate Benny Napoleon’s support for the billionaire.
Look at what potential Packard owner also bought in Detroit
Chicago-area developer Bill Hults has his eye on Detroit’s east side.
Wayne County cancels $6M bid for Packard Plant in Detroit
The winning bidder raised red flags after a rambling statement about a “prophesy” to save Detroit.
That sold for what?! 7 revealing facts about tax auction in Detroit
All houses and buildings started with a $500 bid. There were bargains, surprises and duds.
Does Texas Doc have $6M for Packard? Lots of red flags
New concerns were raised after the investors released a rambling, grammatically flawed statement about a “prophesy.”
From cars to homes: Vacant Packard Plant to get new life?
It would be a fitting new chapter for a factory that has come to symbolize Detroit’s decline.