The last Packard automobile rolled off the assembly line in Detroit on June 25, 1956. After that, it was used in various ways, but for years the sprawling automobile plant – about 3.5 million square feet – has sat empty and deteriorating.
Three years ago, Spanish-born developer Fernando Palazuelo, currently living in Peru, offered hope of a future for the Packard Plant. But we didn't hear much else.
This week, Palazeulo was back in Detroit to finally announce the first phase of development of the Packard Plant.