“Detroit — More than three years after purchasing the Packard Plant property, with its 43 broken buildings and 45 acres of decayed landscape yet deep automotive history, developer Fernando Palazuelo on Tuesday declared “it’s time to get to work.””
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“One of the most ambitious redevelopment projects in Detroit got under way today with a groundbreaking at the old Packard Plant, which could see its first office tenants next year if plans proceed on schedule.
A crowd of nearly 200 people, including Wayne County Executive Warren Evans, came to celebrate the groundbreaking and hear from Packard Plant owner Fernando Palazuelo.”
“DETROIT — Developers broke ground on renovations at the massive, long-vacant and dilapidated Packard Plant site Tuesday.
A portion of the 3.5-million-square-foot site is being renovated for office space. Tenants would move in next year if constructions goes according to plan, said owner Fernando Palazuelo, a Spanish-born businessman who purchased the sprawling, historic former Packard Motor Car Company campus at auction in 2013.”
“The largest renovation project in North America officially broke ground on Phase One of a multi-phase, long-term redevelopment on Detroit’s lower east side. The long-abandoned Packard Plant now officially starts construction on the renovation of the Administration Building and bridge across East Grand Boulevard.”
“On May 16, after years of planning, the largest renovation project in North America will officially break ground in Detroit. Arte Express will start Phase One of the Packard Plant redevelopment with the renovation of the Administration Building and the bridge over Grand Boulevard. Curbed visited the site in advance to chat about the future plans of the project.”
“The much-anticipated redevelopment of Detroit’s old Packard Plant, long an emblem of the city’s industrial glories and their subsequent fade, is set to begin next month with a groundbreaking on the first of four planned phases.”