Bill Hults
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Texas Doctor Wins Bid for Packard Plant—But Will She Pay?
After an intense bidding war that amounted to 117 online bidders and last-minute skyrocketing amounts, the largest industrial ruin in Detroit was sold to a family practice doctor from suburban Dallas, for just above $6 million. It appears that Jill Van Horn of Ennis, Texas, who won the Wayne County tax-foreclosure auction for the abandoned Packard Plant, along with several still-to-be-identified investors from Detroit could breathe new life into the century-old crumbling plant.
Detroit 31 October 2013 14:08
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