Detroit targets Park Ave. Bldg. for demolition

[animatedmartian]

Can't really blame the city either. It all falls on the dumbass landlord who either didn't decide to maintain the building or sell it to someone who would. At some point, these guys gotta realize that a bucket full of money isn't going to fall out of the sky for them so what's the use on keeping ownership of the building?

[emu steve]

Can't really blame the city either. It all falls on the dumbass landlord who either didn't decide to maintain the building or sell it to someone who would. At some point, these guys gotta realize that a bucket full of money isn't going to fall out of the sky for them so what's the use on keeping ownership of the building?

Maybe our buddy, Gistok, can help explain how this building/property fit into the 'landscape' of a possible [[now dead) plan to put up an arena behind the Fox.

As I remember it, the assumed location was Park/Clifford/W. Elizabeth/W. Montcalm.

This building is on the periphery of that 'arena district'.

Was the 'long game' to hold that property until that area was hot? That would have been some pretty valuable property - anything near the arena should be valuable.

Now that area is 'not hot' - it is an area which might not develop for say 10 years out and might be lower density. [[as I and others have mentioned, that area Park/W. Grand River/W. Adams and the 75 Service Drive would have been ripe for development.).