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Detroit World Outreach Church For Sale Post Bankruptcy
/in SE Michigan /by Tracy WillisThe Detroit World Outreach Church property on West Chicago Road at Telegraph Rd. is heading to a public sale next month. The asking price is $7.1 million. The complex consists of multiple buildings, including the 181,000-square-foot main church. The church fell behind on payments after a Chapter 11 bankruptcy. Although a reorganization plan was approved in December, a missed payment to Comerica Bank triggered the sale. Interested buyers can submit an offer of $4.15 million or more, with a $50,000 deposit through July 8. A public sale would be held on July 12 via Zoom.
Demolition Contract For Portion of Packard Plant to be Awarded This Month
/in Detroit, SE Michigan /by Tracy WillisThe Detroit City Council will consider awarding a demolition contract for a portion of the Packard Plant later this month. Only one bidder responded to a May request for proposals to tear down the building at 6199 Concord St. The city will most likely award the contract to the unnamed bidder in the next week. According to the director of the Detroit Demolition Department, the city is moving quickly to tear down that portion of the plant because of the danger it poses to The Display Group Ltd., who operates its Display Group Creative Collective in the adjacent space. Demolition is expected to begin in late summer.
Long Awaited Demolition on Detroit Building Begins
/in Detroit, SE Michigan /by Tracy WillisThe Gateway Center building, across from the Westin Book Cadillac hotel, is being demolished. Plans for the demolition have been known as far back as 2016. The upper exterior on its western side was removed by Thursday afternoon. The demolition is expected to be finished by August. Owner Richard Karp indicated that he wanted to do a mixed-use development back in 2016. He declined to comment on the recent activity. Entities linked to Karp’s Lansing-based Karp and Associates development firm paid $700,000 for the building in 2013.