Business

Texas Doctor Buys Former Packard Plant In Detroit

From Our CBS Music Web Sites

453641528 10 Texas Doctor Buys Former Packard Plant In DetroitAdorbale Baby Animals To Put A Smile On Your Face

christmas on kluv dl Texas Doctor Buys Former Packard Plant In DetroitListen To Christmas Music

176461204 10 Texas Doctor Buys Former Packard Plant In DetroitWomen With Santa

 alt=Musicians Then And Now II

452359780 10 Texas Doctor Buys Former Packard Plant In DetroitMissing Summer?

sx Texas Doctor Buys Former Packard Plant In Detroit Victoria's Secret Fashion Show

Ruins at the abandoned Packard Automotive Plant in Detroit, Michigan.   (Photo by Andrew Burton/Getty Images)

Ruins at the abandoned Packard Automotive Plant in Detroit, Michigan. (Photo by Andrew Burton/Getty Images)

DETROIT (AP) – A Texas woman who placed the winning bid for a sprawling former Detroit car plant says she wants to build modular homes and offices at the site that’s become a symbol of the city’s economic decline.

Dr. Jill Van Horn won the property tax foreclosure auction last week with a bid of $6 million. The Detroit Free Press and The Detroit News report she’s a family practice physician from Ennis, Texas.

Van Horn spokesman Davis Marshall says the “modular homes and offices will be constructed on the site and shipped all over the world.” A statement says Van Horn is joined by “partners and investors from Detroit, Wall Street and international firms.”

If Van Horn’s team doesn’t produce the $6 million, the property would be offered to the next-highest bidder.

(© Copyright 2013 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

Latest News:

Top Trending: