Packard Plant bid canceled after Chicago-area investor can’t pay up
Next up to buy the Packard Plant is the third bidder – Peru-based developer Fernando Palazuelo.
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.
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.
Tourists carjacked while taking photos at Packard Plant
The carjacking is just the latest attack at what has become a lawless wasteland on Detroit’s east side.