Packard Plant still in ruins 3 years after sale to developer
It's been more than three years since Palazuelo bought the complex for $405,000 at a tax foreclosure auction, and signs of his promised development have yet to rise from the rubble. His company just recently scheduled a May 16 groundbreaking for redevelopment at what was once the Packard's administration building, after telling city officials work would start last August.
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