A Case Study for Packard Plant Redevlopment

[DetroitPlanner]

GP, you seem to be convinced that this is workable. Why not get some investors and do it?

[night-timer]

The old Packard plant could be another Las Vegas, a glittering extravaganza in the middle of relative nothingness. Why would you put a 'boutique hotel' in there? Why not a casino, too, while you're at it? Is there anything that will attract you to the Packard's eastside location/area other than the four walls of the room you'll be inside? I mean, what's outside those four walls? Designer stores? Nice houses? First-class attractions? Whilst I recognize the irony of such a big site completely going to waste, the more I think about it, the more I agree with the 'dinosaur excuse' [[ie, why revamp an old building when a brand new building will enjoy the benefits of the last 60 years in structural and architectural improvements and progress). Restoring the Packard plant will need to become more than a mere 'talking point' - someone serious has to come up with a good working plan for the place.

[ghettopalmetto]

GP, you seem to be convinced that this is workable. Why not get some investors and do it?

I don't know whether such a project is financially feasible or not. I have not run the same exhaustive analysis that you have conducted in order to determine its impossibility.

Perhaps the unnamed developer who purchased the tax lien should change his name to "Ilitch", and then beg the City and State for hundreds of millions of public dollars. I have the inkling that such a plan would then enjoy widespread support.

God forbid anyone want to take a risk and invest money in Detroit.

[Ben]

I think that any money anyone would spend rehabbing the Packard Plant would be better spent in the CBD or Midtown. I don't understand why anyone would want to move to a part of the city where they would be surrounded by blight.