fernando palazuelo
December 28, 2013
The abandoned Packard Plant in Detroit is one of the most famous buildings to be sold after the city filed for bankruptcy. It’s famous both for its mammoth size — 40 acres in the eastern part of the city — and its state of ruin. The plant has been closed for more than 60 years and aerial photos make it look like a scene from a disaster film. But that doesn't seem to daunt Spanish developer Fernando Palazuelo, who lives in Lima, Peru. He recently bought the Detroit plant at an auction.