David Stott building sold to undisclosed bidder for $8.95 million

**davewindsor** · September-12-13, 09:13 PM

Originally Posted by gnome

Does anyone know who David Stott was and why there is a building named for him. I assume he wasn't a WABX AirAce.

David Stott founded the David Stott Flour Mills in Detroit in 1879. In 1916, he passed away and left his $10m estate to seven children, one being David Stott Jr, who speculated in real estate and built the David Stott Tower in 1929.

**gnome** · September-12-13, 10:12 PM

Originally Posted by davewindsor

David Stott founded the David Stott Flour Mills in Detroit in 1879. In 1916, he passed away and left his $10m estate to seven children, one being David Stott Jr, who speculated in real estate and built the David Stott Tower in 1929.

thank you ... 1929 sure seems like bad timing to speculate in real estate.