Peruvian next up to buy Packard Plant after missed deadline
![Peruvian next up to buy Packard Plant after missed deadline Peruvian next up to buy Packard Plant after missed deadline](https://motorcitymuckraker.com/wp-content/uploads/2013/10/Packard_5919-701x431.jpg)
But will the Wayne County treasurer enforce the deadline and invalidate the bid of Chicago-area investor Bill Hults?
But will the Wayne County treasurer enforce the deadline and invalidate the bid of Chicago-area investor Bill Hults?
The symbol of Detroit’s industrial decline attracted 111 bids from around the world.
Whoever wins the auction will inherit hefty costs, from demolition to a six-figure tax bill.
It was back to usual at the abandoned, sprawling Packard Plant on Detroit’s east side.
Time is running out for a developer to transform Detroit’s symbol of industrial decline into housing, restaurants, retail space, offices and a hotel.