Could it be? The Chicago developer known as The Hults is apparently close to buying the infamous Packard Plant for $1M. For real! Wayne County Deputy Treasurer David Szymanski confirms that the deal is likely to go through, giving Hults control of the 3,500,000 sq/ft of lawless industrial space. In that nurturing cocoon is where Hults plans to create the "Villages of Packard," a residential development. Retail, a movie theatre, parks, restaurants, and essentially every amenity imaginable has been casually mentioned as part of the plan. But what comes first? A coffee shop in the Packard bridge, of course, from which you can watch The Hults save Detroit.
· Should Packard Plant be Sold Without Financing For Redevelopment? [Curbed]
· Packard Plant Renovation, Step One: Visit Packard Plant [Curbed]
·' Meet Packard Plant Developer Bill Hults [WXYZ]