Hults Made the Deposit Payment

**MikeyinBrooklyn** · November-01-13, 04:38 PM

Totally agreed, Corky. Can I call you Corky? I am hoping it pans out. It would be a bigger triumph than taking on MCS, in my opinion. There is far more work to be done.

I also agree the county should hold him to a set of goals, with failure to meet them allowing the county to re-bid the site. I will chip in for a bronze statue to Mr. Hults if he gets it done.

**48202** · November-01-13, 05:18 PM

Originally Posted by MikeyinBrooklyn

I also agree the county should hold him to a set of goals, with failure to meet them allowing the county to re-bid the site. I will chip in for a bronze statue to Mr. Hults if he gets it done.

The county's involvement is simple. Pay the price and get the title. Pay the taxes, and keep the property. Fall three years behind on the taxes, and lose the property.

**maverick1** · November-01-13, 06:14 PM

Originally Posted by 48202

The county's involvement is simple. Pay the price and get the title. Pay the taxes, and keep the property. Fall three years behind on the taxes, and lose the property.

Basically. From what I see Wayne County and Detroit does not care about development as long as the taxes are paid.

**casscorridor** · November-01-13, 06:42 PM

i can see it now...

PACKARD MOTOR CAR COMPANY BUILT 1911 REDEDICATED 2020

LOFTS | STUDIOS | OFFICES | SHOPS | ENTERTAINMENT | MUSEUM | URBAN RUIN SCULPTURE GARDEN

CONVENIENT ACCESS TO FREEWAYS, LIGHT-RAIL, MINUTES AWAY FROM BELLE ISLE, HAMTRAMCK, EASTERN MARKET, MIDTOWN AND DOWNTOWN

STUNNING POST-INDUSTRIAL VISTAS

ALL INCLUSIVE URBAN ENVIRONMENT

PRIVATE SECURITY FORCE

LOFTS STARTING AT THE LOW 900,000S

LIMITED SPACE, RESERVE NOW!

**Danny** · November-01-13, 08:31 PM

The Hults brought the old Packard Plant. HAHAHA!!! If I see them put a large steel fence around the plant and construction taking place. I will believe it. Right now haveing the Packard plant turn into yuppieland is a fairie tale dream.

**ElbertHanks** · November-02-13, 10:38 PM

Originally Posted by maverick1

Basically. From what I see Wayne County and Detroit does not care about development as long as the taxes are paid.

Yep. Its a tax sale nothing more/nothing less. I'm rooting for the third place guy. Hults might come up with the money and might secure the property and even clean it up a bit but I have little faith that he will pull of any major redevelopment.