Chicago man has 1 week to pay for Packard Plant - New York News

Chicago man has 1 week to pay for Packard Plant

Posted: Updated:

DETROIT (AP) -- The Wayne County treasurer has given a Chicago developer a one-week deadline to come up with the remaining funds on his $2 million bid for a sprawling former Detroit car plant.

William Hults has produced $200,000 in nonrefundable deposits for the dilapidated Packard Plant, but has yet to produce the remaining $1.8 million.

The treasurer's office says Hults has until Nov. 15 to pay up.

Hults wants to convert the site into a commercial, residential and entertainment development.

A Texas doctor's $6 million top bid on the blighted property was thrown out last month after she missed a payment.

The No. 3 bid is from Fernando Palazuelo of Peru.

  • Download the FOX 2 Apps


  • FOX 2 News Five-Day Forecast
  • Local NewsLocal NewsMore>>

  • Search for arsonist targeting Brooklyn churches

    Search for arsonist targeting Brooklyn churches

    Wednesday, April 16 2014 9:09 AM EDT2014-04-16 13:09:23 GMT
    The hunt is on for the person who has set fires at three churches in three days in Brooklyn during Holy Week. Police say the first fire was started at 2:45 a.m. Saturday at The Greater New Beginnings Church in East Flatbush. They say newspapers were lit inside the doorway of the church.
    The hunt is on for the person who has set fires at three churches in three days in Brooklyn during Holy Week. Police say the first fire was started at 2:45 a.m. Saturday at The Greater New Beginnings Church in East Flatbush. They say newspapers were lit inside the doorway of the church.
  • Robert De Niro says Tribeca Film Festival is his passion

    Robert De Niro says Tribeca Film Festival is his passion

    Wednesday, April 16 2014 8:01 AM EDT2014-04-16 12:01:20 GMT
    Robert De Niro is a family man, a filmmaker, an entrepreneur and one of my favorite actors of all time. He's also a co-founder of the Tribeca Film Festival, which has more to see than ever before. De Niro wears just as many hats on screen as he does in real life. The father of six starred in six films last year, owns four restaurants and a hotel, and still finds time each spring for the Tribeca Film Festival, Lower Manhattan's annual cinematic showcase.
    Robert De Niro is a family man, a filmmaker, an entrepreneur and one of my favorite actors of all time. He's also a co-founder of the Tribeca Film Festival, which has more to see than ever before. De Niro wears just as many hats on screen as he does in real life. The father of six starred in six films last year, owns four restaurants and a hotel, and still finds time each spring for the Tribeca Film Festival, Lower Manhattan's annual cinematic showcase.
  • NYC exploring ways to curb taxi speeds

    NYC exploring ways to curb taxi speeds

    Wednesday, April 16 2014 7:14 AM EDT2014-04-16 11:14:53 GMT
    New York City is exploring ways to curb the speed of taxis. The Taxi and Limousine Commission this week issued a request for information on "anti speeding vehicle technologies."  The measures include devices that can intervene when drivers exceed posted speeds and "advisory systems" that can sound alarms when reckless driving is detected.
    New York City is exploring ways to curb the speed of taxis. The Taxi and Limousine Commission this week issued a request for information on "anti speeding vehicle technologies."  The measures include devices that can intervene when drivers exceed posted speeds and "advisory systems" that can sound alarms when reckless driving is detected.
Powered by WorldNow
Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | Terms of Service | Ad Choices