Packard Plant Sells at Auction for $6 Million
The famed Packard Plant in Detroit sold at auction on October 25th, 2013 for $6 million dollars to a woman in Texas. No word at this time of what she plans to do with the property.
The Packard plant was opened in 1903 and at the time was considered the most modern automobile manufacturing facility in the world. The factory complex closed in 1958, though other businesses operated on the premises or used it for storage until the late 1990s.
The complex has become a major symbol of Detroit’s decline and decay throughout the years.