Kirk Pinho of Crain's reports the following ambitious plan for the Detroit icon Michigan Theater-turned-garage.
“I bought it for one reason,” he [New owner Dennis Kefallinos] said pointing to the sprawling but nearly empty [Michigan] theater/parking garage and its ornate ceilings Wednesday afternoon during an interview and building tour.
“This is why I bought the property.”
It was pretty easy to tell how excited Kefallinos, the owner of the Russell Industrial Center off I-75 and other buildings in the city, was to be in it.
Eric Novack, senior project manager for Kefallinos’ Detroit-based Boydell Development Co., said the theater portion of the building is expected to be renovated as event space.Think events like concerts and performances of Shakespeare and the like.
“I want to restore it back to what it was,” Kefallinos said. “I’m not going to cut corners on the lighting, for example.”
Is that realistic? Aye, there’s the rub. Only time will tell. "Full article here.
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