five years after Peruvian developer Fernando Palazuelo announced a (failed) $350 million plan to turn the property into a mixed-use development, demolition of the iconic Packard plant has begun

The contract to demolish a portion of the property is funded by federal pandemic resources, available through the American Rescue Plan Act.

Wayne County Circuit Judge Brian Sullivan ruled in March that if Palazuelo failed to start the demolition process, the city of Detroit could legally “engage qualified contractors to perform all demolition and other necessary actions to abate the nuisance.”

Palazuelo bought the complex—two 20-acre sites—from Wayne County for $405,000 eight years ago. Palazuelo’s local company, Arte Express Detroit LLC, immediately began cleaning up the property, and in 2017 it officially broke ground on a 15-year project to redevelop the complex.

The quarantine killed all progress on development

https://www.hagerty.com/media/news/packard-plant-demolition-begins-today/