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.
The winning bidder raised red flags after a rambling statement about a “prophesy” to save Detroit.
All houses and buildings started with a $500 bid. There were bargains, surprises and duds.
New concerns were raised after the investors released a rambling, grammatically flawed statement about a “prophesy.”
It would be a fitting new chapter for a factory that has come to symbolize Detroit’s decline.
Over the past two months, we’ve chronicled what’s left of the plant – blocks of crumbling buildings, ravaged by scrappers, fire and extreme weather.
The symbol of Detroit’s industrial decline attracted 111 bids from around the world.
Whoever buys the lawless wasteland will incur hefty costs for a property that is constantly on fire and crumbling.
“Stealing Home” premiers tonight at 7 at the Detroit Historical Museum.
For whatever reason, the risks aren’t deterring opportunists from profiting off of group tours of the cavernous ruins.
Most of the properties didn’t sell during the Wayne County tax-foreclosure auction Monday.