Belanger Park River Rouge
ON THIS DATE IN DETROIT HISTORY - BELANGER PARK »



Results 1 to 2 of 2
  1. #1

    Default Thanks to the Greek guy you too can own a Silverdome toilet.


  2. #2

    Default

    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.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
Instagram
BEST ONLINE FORUM FOR
DETROIT-BASED DISCUSSION
DetroitYES Awarded BEST OF DETROIT 2015 - Detroit MetroTimes - Best Online Forum for Detroit-based Discussion 2015

ENJOY DETROITYES?


AND HAVE ADS REMOVED DETAILS »





Welcome to DetroitYES! Kindly Consider Turning Off Your Ad BlockingX
DetroitYES! is a free service that relies on revenue from ad display [regrettably] and donations. We notice that you are using an ad-blocking program that prevents us from earning revenue during your visit.
Ads are REMOVED for Members who donate to DetroitYES! [You must be logged in for ads to disappear]
DONATE HERE »
And have Ads removed.