Unpleasant billionaire/bridge owner/crumbly train station enthusiast Matty Moroun is not getting Southwestern High School, according to an email sent yesterday indicating the school is back on the market. The Freep reported back in March that Moroun was willing to plunk down $1.2M for the 16.1 acre site which was only appraised for $890,000 in 2012. It seemed to most that it was a clear attempt to try and control more land near where Michigan has proposed building a public bridge to Canada that would compete with the private span that Matty owns.
Below is the email we were forwarded. We're not sure if the excessive exclamation points are a comment on Matty's plans falling through or an act of desperation from and organization trying to dump a building that has been closed since 2012 and damaged by vandals and fire. Perhaps it is both.
From: Tammy Deane
Subject: Southwest High School is back on the market !!!!!! 6921 Fort street
Date: August 11, 2014 at 4:05:10 PM EDT
To: undisclosed-recipients:;
Former Southwest High School is back on the market. Estimated 16.07 acres located in Southwest Detroit off of Fort street and near the bridge. Looking for all serious developers. A development plan with time lines for the property must be included in your offer.
· Moroun bids $1.2M for vacant Southwestern High School in Detroit [Freep]
· Unpleasant Billionaires Scheming to Have Their Way in Detroit [Curbed Detroit]
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