Kudos to Packman on the breakdown. I think it would be safe to say that a few of those numbers are on the 'safe' side... that said, however, I think it is also possible that there would be a good amount of tax credits and perhaps some historic preservation funds involved. A case could [almost] be made for this building without public funds, but like any building in Detroit that is being renovated these days, it won't happen without them. Once you throw in tax credits and any other state and federal funds, I think some developer should be able to make it a go. I mean, John Ferchill was looking at the Book Tower, with a cost of $12M just to buy the building [[granted, that included the adjoining building, but still), and the Stott is less than a sixth of that price. It will certainly take a little creativity to finance right now, but considering the condition of the building not being open to the elements, relative to others downtown, certainly makes it more doable.