New Packard Plant owner Fernando Palazuelo says he can surprise Detroit’s doubters

Tanya Moutzalias | MLive Detroit
Tanya Moutzalias | MLive Detroit

“DETROIT, MI — The Detroit Free Press told a moving story Thursday night at the Fillmore Detroit about one of the most intriguing pieces of property in the city’s more than 300-year history.”

 

http://www.mlive.com/entertainment/detroit/index.ssf/2014/03/detroit_free_press_unveils_pac.html

Even in ruin, Detroit’s Packard plant inspires artists

Photo: Brian Kaufman, Detroit Free Press
Photo: Brian Kaufman, Detroit Free Press

“DETROIT — It’s a place that has inspired world-class poets, blockbuster filmmakers, pioneering techno musicians, wildly inventive graffiti artists and, yes,chroniclers of ruin porn.”

 

http://www.usatoday.com/story/news/nation/2014/03/20/detroit-packard-plant-film/6672953/

Gallery’s plan to sell Banksy’s Packard Plant mural sparks uproar

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“The decision by a Detroit nonprofit gallery to put a now-world-famous Banksy mural up for sale has unleashed a firestorm of criticism around the globe.

“Artists and commentators are decrying the move by leaders of the 555 Nonprofit Gallery and Studios to profit from the work by the anonymous British graffiti artist. The 555 artists excavated the 1,500-pound piece from the crumbling Packard Plant four years ago in the name of preserving it and putting it on public display. They pledged they had no interest in selling it.”

http://archive.freep.com/article/20140314/ENT05/303140017/banksy-555-gallery-detroit-packard

Developer From Peru Has Eye on Detroit

05packard-master675“DETROIT — It was late Friday afternoon before Labor Day weekend when Fernando Palazuelo reached the head of the line at the tax collection window of the treasurer’s office in Wayne County, Mich.”

“He had traveled 3,700 miles from Lima, Peru, to make a simple request. ‘I am interested in buying the Packard plant,’ he said. ‘And I want to speak to the man in charge.’”

http://www.nytimes.com/2014/02/05/realestate/commercial/a-developer-from-peru-has-big-plans-in-detroit.html?_r=0

Can a Lima-based developer help resurrect Detroit?

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“Fernando Palazuelo, a real estate developer originally from Spain, has purchased the abandoned Packard plant in Detroit— and he has a plan to bring the bankrupt city back to its former glory.

“The Packard plant, a hulking complex that occupies 40 acres in the eastern part of the city, is generally considered a symbol of the decline of the automotive industry in Detroit.”

http://www.peruthisweek.com/news-can-lima-based-developer-resurrect-detroit-102172

Developer From Peru Has Eye on Detroit

Fabrizio Costantini for The New York Times
Fabrizio Costantini for The New York Times

“DETROIT — It was late Friday afternoon before Labor Day weekend when Fernando Palazuelo reached the head of the line at the tax collection window of the treasurer’s office in Wayne County, Mich.”

 

http://www.nytimes.com/2014/02/05/realestate/commercial/a-developer-from-peru-has-big-plans-in-detroit.html

Spanish developer for Detroit’s Packard Plant to move in April 9; hear him explain bold purchase

Tanya Moutzalias | MLive.com
Tanya Moutzalias | MLive.com

“DETROIT, MI – The new Spanish owner of Detroit’s blighted Packard Plant shared recently with Public Radio International his plans for redevelopment of the 40-acre (3.5 million square feet) site and a goal of moving into the place by April 9.”

 

http://www.mlive.com/news/detroit/index.ssf/2013/12/spanish_developer_of_detroits.html