http://www.freep.com/article/2014031...ything-must-go
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Assuming that he can keep up with property tax payments for now, buying the Silverdome was one of the shrewdest investments in this area in ages. Desperate to unload it in a very down market, he got it for peanuts [[approx 580k; to compare, Curbed has a listing for a Corktown loft for 600k). He owns 130 acres in prime central Oakland County. Because Pontiac wants something productive to be done with the land [[and start paying more taxes; they are currently getting the taxes from it that a nice house in Auburn Hills pays in property taxes), they will allow him to develop pretty much whatever he pleases, with the caveat that casinos and nuclear power plants will take a little longer to get approval. It could actually become several different kinds of developments it's so big. He will one day be massively richer for having bought it.