Drones and senior housing? Detroit’s Packard Plant owner tells east side community his plans for decrepit site


“An American flag sticking out of his breast pocket, the owner of the largest piece of blight in a city awash in urban ruin told an east side Detroit crowd that everything from drones to senior housing could be in the works for the former Packard Automotive Plant.”


Packard Plant owner charms east side


“Fernando Palazuelo entered the violet-colored lobby of Holy Ghost Full Gospel Church and the impact of his presence on the mixed crowd was palpable.

“Nearly 200 white millennials and older African-Americans who packed the lobby Thursday night turned their attention to the 59-year-old Spanish developer, who has dreams for the old Packard plant — one of Detroit’s grand ruins. His silver hair was perfect as always. His shirt looked crisp and freshly pressed. Many commented on the tiny American flag jutting from his lapel.”


Packard Plant owner at Detroit community meeting: Redevelopment plans are moving forward

“Fernando Palazuelo, the Spaniard who bought the largest piece of blight in Detroit last year, told a crowd of about 150 east side Detroit community members and others that his development plans continue to move forward.”



Crews begin demolition of Packard plant in Detroit

Photo by Crain's Detroit Business
Photo by Crain’s Detroit Business

“Demolition started Friday on a section of the massive and crumbling Detroit Packard auto factory complex — a symbol of the city’s blight and past manufacturing glory.”


Packard Plant project manager: Half-billion-dollar Detroit redevelopment is happening

-273aaae7ef7adffe“The project manager for arguably one of the most ambitious historic restoration and redevelopment projects the country has seen in recent years has this to say to skeptics: The revival of the 3.5-million-square-foot, crumbling Packard Plant in Detroit is happening.”


Packard owner settles land disputes, expects to fire up cranes next month

bilde (1)“The Packard Plant ruins on Detroit’s east side could soon be buzzing with construction cranes as the plant’s Spanish-born owner launches the opening phase of his ambitious redevelopment project.”

“In an exclusive interview Tuesday, Fernando Palazuelo said he anticipates the arrival within two to four weeks of cleanup crews and aerial cranes to his 40-acre factory site, which is now vacant and hasn’t produced an automobile since the mid-1950s.”


Fernando Palazuelo says signs will go up next week at Packard Plant

bildePackard Plant buyer Fernando Palazuelo said today he would start preliminary work on redeveloping Detroit’s most famous abandoned factory next week and outlined plans for hosting a Detroit Symphony Orchestra concert among the ruins there this fall.


Making Central Lima attractive for shoppers again

Making Central Lima attractive for shoppers again“New businesses are drawing in money and interest, however the old should not be forgotten. Art Express, a firm led by Fernando Palazuelo, is working towards the recovery and enhancement of over 15 buildings located in this district of the capital. This firm has brought new life to central Lima with such projects as the Urban Hall located in the Wiese Home.”


Fernando Palazuelo set to begin Packard Plant revitalization


“Packard Plant owner Fernando Palazuelo admits his title to the property was under attack, but following a settlement with a former owner, it is his beyond dispute. He then paid the property’s overdue tax bill, as a symbol of his seriousness to revitalizing the massive industrial ruin. ‘I am proud to be a taxpayer,’ said Palazuelo. ‘We paid nearly $100,000. It makes me feel more like a member of the community.'”