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Old 11-17-2009, 07:59 PM  
Saulbadguy Saulbadguy is offline
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Pontiac Silverdome sells for $583,000

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http://money.cnn.com/2009/11/17/news...uyer/index.htm

NEW YORK (CNNMoney.com) -- An unidentified Canadian real estate company was the winning bidder for the Silverdome, snatching it up for a mere fraction of its original value.

A Toronto-based family-owned company bid $583,000 for the under-used stadium on Monday, which is currently owned by the City of Pontiac, Mich., according to auctioneer Williams & Williams.

The company plans to refurbish the Silverdome into a stadium for men's Major League Soccer and women's professional soccer teams, said the auctioneer. While the stadium was the former home of the National Foodball League's Detroit Lions, it also played host to the World Cup in 1994, when Brazil beat Italy in a knuckle-biter that ended in a penalty shootout.

The auctioneer Williams & Williams, based in Tulsa, Okla., said it will not identify the buyer "until the final details are worked out and the sale closes."

"The Silverdome will now be in the hands of professionals who can devote their time to transform this high-profile property into a vital asset instead of enabling it to continue to languish as an empty facility," said Fred Leeb, the emergency financial planner for Pontiac, in a press release.
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Old 11-17-2009, 08:10 PM   #2
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Old 11-17-2009, 08:12 PM   #3
Fairplay Fairplay is offline
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Sounds like a steal.

Even if it was torn down for the metal if would be worth more then that easily.
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Old 11-17-2009, 08:17 PM   #4
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They should've used it for a new unemployment office.
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Old 11-17-2009, 08:22 PM   #5
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Old 11-17-2009, 08:25 PM
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Old 11-17-2009, 09:27 PM   #6
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Wow, that's an amazing price. If I lived in Detroit, I might've sold my home and bought the Silverdome to live in. That would be so cool.

Can you imagine that? You could barbecue in the yard even when it was cold out. You'd get your other meals at the concession stands. You'd watch TV on the ultra-big screen. Need a quiet place to read? Go up to the nosebleed seats. 100 bathrooms. Your own luxury boxes for when company arrives.

Dang, I would've wanted that place.
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Old 11-17-2009, 09:31 PM   #7
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Old 11-17-2009, 09:40 PM   #8
Goldmember Goldmember is offline
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Quote:
Originally Posted by Fairplay View Post
Sounds like a steal.

Even if it was torn down for the metal if would be worth more then that easily.
The locals already stole all the precious metals, like copper piping
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Old 11-17-2009, 09:46 PM   #9
Fairplay Fairplay is offline
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That reminds me of an Eminem video and the old Detroit tiger stadium was being torn down while he was singing his song.
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Old 11-17-2009, 10:19 PM   #10
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When I would have guests over, I'd guide them to a parking spot with some flashlights and then tell them to meet me at "will call".
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Old 11-17-2009, 10:31 PM   #11
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Quote:
Originally Posted by Rain Man View Post
Wow, that's an amazing price. If I lived in Detroit, I might've sold my home and bought the Silverdome to live in. That would be so cool.

Can you imagine that? You could barbecue in the yard even when it was cold out. You'd get your other meals at the concession stands. You'd watch TV on the ultra-big screen. Need a quiet place to read? Go up to the nosebleed seats. 100 bathrooms. Your own luxury boxes for when company arrives.

Dang, I would've wanted that place.


Yeah, but the utility bills and lawn maintenance would eat you alive. And if you got hungry, you'd have to have to wait for a hot dog vendor to come around. And if you wake up in the middle of the night and have to take a leak you'd have a really long walk to the bathroom.

On a plus note, the parking would be great.
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Old 11-17-2009, 10:38 PM   #12
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Man, nobody even notified me of the bid. I'd have written a check immediately.
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Old 11-17-2009, 10:44 PM   #13
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Man, nobody even notified me of the bid. I'd have written a check immediately.
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Old 11-17-2009, 10:45 PM   #14
RJ RJ is offline
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Man, nobody even notified me of the bid. I'd have written a check immediately.

They probably don't give you the keys until the check clears.
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Old 11-17-2009, 11:27 PM   #15
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Quote:
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Yeah, but the utility bills and lawn maintenance would eat you alive. And if you got hungry, you'd have to have to wait for a hot dog vendor to come around. And if you wake up in the middle of the night and have to take a leak you'd have a really long walk to the bathroom.

On a plus note, the parking would be great.
Well, I'd put a ceiling fan in to blow the warm air down in the winter.
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