Texas doctor Jill Van Horn won Friday's auction for the Packard Plant, smothering the competition with a mind-blowing $6,038,000 bid. Why a presumably educated person would pay that much for Detroit's signature industrial wasteland is unclear, but it sounds like we're getting close to some answers. The Freep has been texting with Jill's husband, George Van Horn, who confirmed the huge bid was no mistake. (We assume Freep replied with an "LOL!!" text). According to George, the family intends to release a statement sometime today. Brace yourself for another round of development promises.
· More News Expected on Packard Bid [Freep]