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Investment Group Looks to Make Insane Profit on Deflated Silverdome

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Photo of the Silverdome's interior, 2014. Courtesy <a href="http://www.detroiturbex.com/">Detroiturbex</a>.
Photo of the Silverdome's interior, 2014. Courtesy Detroiturbex.

They ran around redevelopment plans. They auctioned off innards. They promoted a classic stalling tactic otherwise known as a design competition. And now, for their final act, Andreas "Apop" Apostolopoulos and his Triple Investment Group are looking to sell the stripped down, deflated Silverdome for $30 million. That's 50 times the $583,000 they paid for the site back in 2009.

A reminder of the state of the Pontiac Silverdome, from a photoshoot in 2014. Courtesy Detroiturbex.

It's a crazy end to a crazy chapter for the storied space, once home to the Detroit Lions and countless events and concerts. As the latest real estate dice roll, some wonder whether or not the new owners will try to salvage what's left of the space or go back to the development drawing board completely.—Leslie Youngblood

· Owners want $30M for Silverdome [Detroit News]
· Help Redesign the Silverdome (And Buy Apop Some Time) [Curbed Detroit]
· Silverdome seats still for sale; Auction of turf, equipment from old Lions home gets $500,000 [M Live]

Pontiac Silverdome

1200 Featherstone Rd, Pontiac, MI 48342