Sunday, August 19, 2007

Ilitch Blocker Redux

If you recall, this past spring I speculated that demolition and reconstruction of the CC Bar was an effort by the owners to inflate the value of the property in order to extort more money from Olympia Development. Olympia has been buying more land behind the Fox Theater causing widespread speculation that this is to be the location of a new arena for the Red Wings.

I stopped by today to see if any progress had been made on the bar as work papered to have stalled over the summer. Far from there being any progress, the bar seems to be in a state of deconstruction once again.

While a new expiration date for the Red Wings lease at Joe Louis Arena has been determined, I am left once again to speculate. Have the owners finally sold out to Ilitch, or did the building inspectors determine some flaw in the construction that is forcing the builders to start from scratch?

CC Bar Pre- Demolition
Reconstruction May 2007
Demolished once again August 2007
May 2007
August 2007

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