Ecstasy Dealer Still Thinks He Owns The Packard Plant, Wants Millions

A few months ago, Peruvian developer Fernando Palazuelo won the dilapidated old Packard Plant in an insaneWayne County tax auction and announced a $300 million development plan (and a possible go-kart track). But the plant's former owner is saying he still owns a piece of it. Sigh. » 3/05/14 9:51am 3/05/14 9:51am

Somebody Made A Film Dirt-Biking In The Packard Plant

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. » 1/21/14 10:09am 1/21/14 10:09am

Second Bidder Loses Packard Plant, Peruvian Developer Is Next In Line

An ill-prepared Texas doctor and a shady Illinois businessman will not own the Packard Plant. A Peru-via-Spain developer with proven experience could own it by Monday, possibly ending yet another long, local nightmare here in Detroit. » 11/16/13 9:27am 11/16/13 9:27am

Bidder Who Won The Packard Plant Is Basically Paying With Sofa Change

It's still not looking promising for Bill Hults, who missed his first deadline to purchase the Packard Plant when he approached Wayne County about buying it and missed a second one when he won a bidding war by default when a crazy Texas doctor failed to come through. » 11/08/13 10:49am 11/08/13 10:49am

Half-Assed Attempts To Buy The Packard Plant Are Still Happening

If you're learning way more about property auctions than you ever needed to know by reading all of the recent Packard Plant news, you're not alone. After a Texas woman bailed on the wasteland, now its second-place bidder is having trouble paying up. » 10/31/13 1:15pm 10/31/13 1:15pm

Oh God, The Rich Texans Who Won The Packard Plant Sound Batshit Insane

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. » 10/30/13 9:40am 10/30/13 9:40am

A Rich Texan Bought The Packard Plant [UPDATE]

What was once worth a measly $21,000 a few days ago just sold on the auction block for more than $6 million. The sadly vacant Packard Plant just fell into the hands of a Texas family doctor. » 10/28/13 10:46am 10/28/13 10:46am

People Are Taking Guided Tours Of The Terrifying Packard Plant

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. » 10/24/13 8:59am 10/24/13 8:59am

The Cost Of The Packard Plant Is Now Less Than An Actual Packard

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. » 9/27/13 11:39am 9/27/13 11:39am

Somebody's Crazy Enough To Want Detroit's Greatest Automotive Ruin

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. » 7/18/13 6:21am 7/18/13 6:21am