Peruvian Developer Buys Time, But Not Packard Plant Yet.

November 20, 2013

"There are others who are very interested in this location for various purposes and we will explore those should we have to cross that bridge."

David Szymanski, Wayne County Deputy Treasurer.

Wayne County is giving a Peruvian developer a bit more time to make good on his $400-thousand bid to buy the old Packard Plant. Fernando Palazuelo was expected to make a 10-percent down payment on the property. He has until December 18th to complete the purchase. WDET's J. Carlisle Larsen asked Wayne County Deputy Treasurer David Szymanski if he's confident that Palazuelo can close the deal. Click on the audio link above to hear the conversation.