“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.”
“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.”
“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.'”
“Enormes fragmentos de concreto cuelgan peligrosamente del piso superior de un edificio en ruinas en el terreno abandonado de lo que fue la planta automovilística Packard, marca que alguna vez simbolizó la refinación y los vehículos de lujo en Detroit pero que desapareció con el tiempo.
“Grafiteros y muralistas han dejado por igual su impronta en las paredes de la propiedad; los chatarreros se llevaron todo lo que era de metal y los pirómanos incendiaron neumáticos, zapatos y demás basura tirada en el lugar.”
“DETROIT, MI – The scene is a gaudy palace in Spain, decked out with Ferraris and all the luxury items.
Fernando Palazuelo, who owns the crumbling and blighted 3.5-million-square-foot Packard Plant, described the setting as his home, his Iberian lifestyle. He accumulated the wealth after successfully developing parts of Madrid, Barcelona and Palma de Mallorca.”
“‘Detroit was a town with a lot of history, a European touch, a French touch. The first time I read about Detroit, it was completely, still today, undervalued,’ Palazuelo said. ‘I see something very close to what you see when you walk on the old ruins of the Greek towns, the Roman towns or the South American towns. You see a lot of history. Of course you see destruction, but on the other hand, also if you are able to read the buildings, you get a lot of information. I mean this is an open book.'”
“The Peru-based developer stunned Detroiters by purchasing the abandoned Packard automotive plant earlier this year — one of the most famous buildings to be sold after the city filed for bankruptcy and the most emblematic eyesore of Detroit’s fall. But Palazeulo sees beauty and possibility amid the ruin of the Packard site.”