It was revealed in today's indictments that there was a plan in place back in 2003 for a theater developer to purchase Ford Auditorium from the city and renovate it.
Derrick Miller was the point man for the city on the deal and is said to have like the offer. Following the meetings the developer commissioned artist renderings, developed a renovation proposal and obtained insurance quotes and an assessment on asbestos removal for the renovation.
After a great deal of time and money was spent on the proposal, Miller and the developer met again. At this meeting the developer was told that he needed to hire Bernard Kilpatrick in order to complete the deal with the city. The developer refused and deal collapsed.
Wednesday, December 15, 2010
Sunday, December 05, 2010
Friday, December 03, 2010
10th Annual Broderick Tower Restoration Article: Deal pending to turn Broderick Tower into apartments
The Free Press is reporting this afternoon that a deal will close within the next week to finance the conversion of the Broderick Tower into 120 apartments. The upper floors, with views of Comerica Park, are expected to be some of the most expensive rentals in Downtown Detroit.
For years now Michael Higgins or Fred Beal have declared that renovations are just around the corner so take this news with a grain of salt.
For years now Michael Higgins or Fred Beal have declared that renovations are just around the corner so take this news with a grain of salt.
Labels:
Broderick Tower,
Detroit,
Grand Circus Park,
Michigan,
Renovations
Location:
Downtown, Detroit, MI, USA