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Friday, October 30, 2015

News Hits

Pontiac Silverdome to be torn down; demolition slated for spring

Posted By Alaina Nutile on Fri, Oct 30, 2015 at 9:04 AM

Less than half a year after the Pontiac Silverdome was put up for sale for a cool $30,000, its owners have decided to schedule its date with the wrecking ball.

"It is going to come down," Kristie King, a broker with owner's marketing firm told the Detroit Free Press this week. "We will probably start the demolition process in the spring."

The Free Press reports that Tronto-based property owners Triple Investment Group have had a handful of interested buyers tour the Lions' former home since June but no real bites were made, and they believe the 127-acre lot will likely be more desirable without a dilapidated stadium on its grounds.

Via Freep:

The goal of demolition is to make the land more attractive for future redevelopment, purchase or lease. A conceptual plan to be presented tonight to Pontiac City Council shows potential commercial, industrial, retail and residential development on the Silverdome property — and no more Silverdome.

The plan's map depicts four light industrial buildings, a large corporate headquarters, a retail/entertainment complex, an extended-stay hotel, fast-casual restaurants and short-term corporate housing. One of the light industrial buildings would be built without a committed occupant in mind; the others could be constructed later based on demand.

Once it begins, the demolition process is estimated to take four to six months.

Tags: Pontiac Silverdome, Demolition, Detroit

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