How much did the Silverdome property sell for?

How much did the Silverdome property sell for?

$583,000
Pontiac, Mich., sold the 80,300-seat Silverdome for $583,000 Wednesday. The former home of the Detroit Lions cost $55.7 million to build in 1975. The Pontiac Silverdome in Pontiac, Mich. The city sold the property, which cost $55.7 million to build, for $583,000 on Wednesday.

What are they building in place of the Silverdome?

The 127-acre Pontiac Silverdome site is being targeted for a new warehouse/distribution center by an Atlanta-based developer. Amazon was revealed Wednesday night to be the tenant of a $250 million new development on the site of the demolished Pontiac Silverdome.

Why did the Silverdome close?

In the mid 1990s, the Lions became dissatisfied with the Silverdome as it lacked many amenities found in newer stadiums. By 1997, bonds were passed allowing construction of a new domed stadium in downtown Detroit. The Lions played their final game at the Silverdome on January 6, 2002.

How much did Amazon pay for the Silverdome?

Amazon’s plans to transform the Silverdome site The distribution center was slated to cost $250 million, and would bring in an estimated 1,500 to the area. As of July 2020, construction on the Amazon facilities is well underway. In addition to the distribution center, the campus will also feature a fulfillment center.

Who bought Pontiac Silverdome?

Apostolopoulos
In 2009, Apostolopoulos made international headlines when his investment company purchased the iconic Silverdome in Pontiac, Michigan. Apostolopoulos agreed to pay $583,000 for the stadium, which had been built by the city in 1975 for $55.7 million.

How many Amazon facilities are in Michigan?

Since 2016, Amazon has announced multiple facilities in Michigan including three fulfillment centers and one sortation center in Livonia, Romulus, Brownstown Township, and Shelby Township, as well as a corporate office in Detroit.

What did they do with the Pontiac Silverdome?

The Silverdome’s prospects took a huge hit in 2002 when the Lions officially moved to the newly constructed Ford Field. Then, the Silverdome sat largely vacant for years, until its demolition in 2017. Last year, Amazon announced plans to put the former stadium’s site to good use.

Where is the largest Amazon warehouse?

Amazon’s Largest Warehouse Ever Under Construction in Southern California. Twice as big as Downtown L.A.’s tallest skyscraper and bigger than Disney’s California Adventure Park with room to spare, the largest Amazon warehouse in the world is under construction in Southern California’s Inland Empire.

Where did the Detroit Lions play after the Pontiac Silverdome?

Ford Field
In 1975, the Lions moved into the Pontiac Silverdome where they played for 37 years. Then in 2002, the team moved back to downtown Detroit and into a new domed stadium, Ford Field.