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A little news you can use (if you're a Real Estate Guy in Michigan)

Submitted by Roanman on Wed, 11/25/2009 - 08:03


A judge cleared the way Monday for a Canadian company to pay $583,000 for the Pontiac Silverdome, built for $55.7 million in 1975 to house the NFL's Detroit Lions.
The Lions left the 80,300-seat stadium in 2002, when they moved to Detroit's Ford Field. Pontiac has been spending $1.5 million a year to maintain the largely unused stadium.
Oakland County Circuit Court Judge Edward Sosnick refused to grant a preliminary injunction to Silver Stallion Corp., which made a $20 million offer for the Silverdome last year.
That deal fell through in a dispute over environmental cleanup costs.